Canaan mines 44 bitcoin in September
CAN•Canaan mined 44 BTC in September 2026, bringing its month-end bitcoin holdings to 1,875 BTC. It also reported a stable non-joint-venture installed hashrate of 10 EH/s and 13.6 million ADS repurchases for $5.4 million in late August.
1. Mining and operating figures
Canaan mined 44 BTC in September 2026, bringing its month-end bitcoin holdings to 1,875 BTC. Non-joint-venture installed hashrate remained stable at 10 EH/s, while joint-venture operating hashrate reached 4.18 EH/s. Average all-in power cost was $0.043/kWh, and the average revenue split was 60.5%, excluding joint-venture ownership.
2. Project and repurchases
Canaan’s 8 MW Nordic district heating project became fully operational, supplying recovered computing heat to approximately 2,800 homes. Late-August repurchases totaled 13.6 million ADSs for $5.4 million, bringing year-to-date repurchases to approximately 16.4 million ADSs.
