Canaan mined 86 BTC in February 2026 and raised deployed hashrate to 14.75 EH/s

Reuters03-10

Canaan mined 86 BTC in February 2026 and raised deployed hashrate to 14.75 EH/s

Canaan reported it mined 86 BTC in February and ended the month with 1,793 BTC on its balance sheet. It also held 3,952 ETH, with BTC and ETH valued at about USD 128 million. Deployed hashrate reached 14.75 EH/s by month-end, including 4.4 EH/s from its West Texas joint venture. Average all-in power cost for the month was USD 0.044/kWh, and its average revenue split was 59%. In its 4Q25 update, total revenue was USD 196.3 million, up more than doubled (121%) year over year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canaan Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN06465) on March 10, 2026, and is solely responsible for the information contained therein.

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