Canaan produced 86 BTC in February 2026, boosting its total crypto assets to 1,793 BTC and 3,952 ETH. The company’s market capitalization is about 128 million USD, focusing on expansion in the energy sector.
The company has a hashrate of 14.75 EH/s, with 4.4 EH/s from Texas data centers after acquiring a 49% stake in Cipher Mining. Average electricity costs stood at 0.044 USD per kWh, with competitive power rates under 0.03 USD per kWh.
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