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Canaan's joint venture hashrate approaches full-installed capacity after June rebound

7/16/2026

The joint venture hashrate at Canaan Inc. (NASDAQ: CAN) recovered significantly through June 2026 and approached full-installed capacity, the Singapore-based crypto miner reported in unaudited data published July 14.

The operational update covers the period ended June 30, 2026. Joint venture: recovery without a rate Canaan's headline data point for June is directional.

The hashrate "recovers significantly" and "approaches" full-installed capacity; specific exahash figures do not appear in the released summary.

The language implies a prior operational shortfall in the joint venture, now largely resolved. What the filing does not contain The update is unaudited.