According to Wu, Canaan Technology announced an update on its mining operations for July 2025, with a monthly production of 89 BTC, bringing the total holdings to 1,511 BTC. Due to the exit from Kazakhstan and the termination of the inefficient hosting agreement in South Texas, the company's actual hash rate at the end of the month dropped to 6.24 EH/s, with about half of the affected mining machines expected to resume operation in August.
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