Canaan Shares Fall Premarket as September Update Shows 44 BTC Mined

Canaan Inc. shares fell in premarket trading Thursday as its September update showed 44 Bitcoin (BTC) mined and 10 exahashes per second (EH/s) of operating hashrate outside joint ventures. Canaan ended September with 1.88K BTC in holdings. Its non-JV operations had 10 EH/s of installed and operating hashrate. Canaan held 49% interests in West Texas joint ventures. The September update listed 4.87 EH/s for those ventures. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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