Canaan reported 14.24 EH/s of operating hashrate for July, with 4.96 EH/s coming from Ethiopia, representing nearly 35% of the total. A footnote indicates that mining operations in Ethiopia were paused, without clarifying whether the machines remained energized on July 31. In June, Ethiopia accounted for only 0.36 EH/s due to local power-grid maintenance. For July, Canaan mined 46 BTC and held 1,917 BTC and 3,952 ETH at month-end.
Source: Read the original article
