Canaan Announces Production Of 44 Bitcoins in September, Holdings Of 1,875 Bitcoins

Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today released its unaudited bitcoin mining update for the month ending September 30, 2026.

September 2026 Bitcoin Mining Updates (unaudited)

Key Metrics	Results (Rounded Numbers)
Bitcoins Mined During the Month	44 BTC
Month-End Bitcoins Owned by Canaan Inc. on Balance Sheet[1]	1,875 BTC
Month-End Installed Hashrate (EH/s)	Non-JV: 10.00 EH/s JV[5]: 4.87 EH/s
Month-End Operating Hashrate (EH/s)[2]	Non-JV: 10.00 EH/s JV[5]: 4.18 EH/s
Month-End Average Revenue Split[3]	60.5% (excluding JV ownership)
Average All-in Power Cost During the Month[4]	US$0.043/kWh