Canaan Technology produced 89 Bitcoins in July, and held 1,511 Bitcoins at the end of the month.

Canaan Inc. has completed its exit from its mining operations in Kazakhstan and terminated the hosting agreement for a 0.96 EH/s mining machine in South Texas. The relevant mining machines are being transferred to a new partner, and it is expected that approximately 0.50 EH/s will be back online in August.