Canaan reports Ethiopia mining paused at 4.96 EH/s in July
Canaan's July mining update indicated that 4.96 exahashes per second (EH/s) from paused operations in Ethiopia contributed to a total of 14.24 EH/s of global operating computing power, representing nearly 35% of the reported total. The update did not clarify how much capacity was hashing at the end of July. Excluding Ethiopia's contribution from the global figure results in 9.28 EH/s, but this is an exclusion calculation as Canaan's definition of operating computing power includes theoretical output from energized mining machines, regardless of their operational status. Canaan's July report assigned the full 4.96 EH/s to two projects in Ethiopia, despite noting that operations were paused. The filing did not specify whether the paused machines remained energized or how much, if any, was hashing on July 31. In contrast, as of June 30, Ethiopia was reported at only 0.36 EH/s of operating power due to a mining site temporarily going offline for local power-grid maintenance. The July update reinstated the full 4.96 EH/s to the operating column without confirming the cause of the pause or its temporary status. Canaan mined 46 BTC in July and held 1,917 BTC and 3,952 ETH at month-end, but these production figures do not encompass all rows in the global capacity table. Canaan's 14.24 EH/s figure should be interpreted as operating capacity under its theoretical definition.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

NU Conference Recognizes Bitcoin as an Asset and Transaction Tool

Russia opens regulated crypto trading as new law takes effect

SEC to Accept Public Comments on Crypto Asset Regulation Until October 20

Monthly Column Report | Foresight News Outstanding Content Creators List for August 2026

Rising Yield on Japan's 2-Year Bonds; Does Yen Carry Trade Threaten Bitcoin Again?

Why Was the Messi Retirement Token Issued Without Liquidity?

The Biggest Risk for Bitcoin Has Been Eliminated

AI Reidentification Risks Prompt Reevaluation of Zcash Privacy Features

What is FLOP (Flop Network)? An Explanation of the Currency Concept for AI Agents

Bitcoin Core v32 Completes Feature Freeze, Block Validation Speed Increased by About 3 Times

Dollar Share Rises to 57.13%, Foreign Exchange Reserves Decline

Blockstream Revamps Bitcoin Explorer Dashboard

SEC Charges 38 Entities Over False Investment Adviser Filings

Why the SEC’s $75 million crypto path is not the same deal Congress is offering

XRP Signals Rise in September

OKI vs IKE vs IKZE: What to Choose in 2026? Taxes, Limits, and Calculations for 2027

Ethereum Approves EIP-8141 for New Transactions in Wallets

The Government Officialized a New Salary Increase for Military, Security Forces, and Public Employees: How Much Will It Be

Alipay's Stance: Stablecoins Enter AI

How Paintings Could Have Become Part of the Digital Economy, but Didn't

Rails Reveals Status of Enigma's Quantum Resistance Preparation
![[Block Media 1st Term 6th Reader Committee Meeting] "In-depth Articles Needed for Differentiation ⋯ Impressive Critique of Altcoin Listings by Chairperson Park Hyun-joo"](/public-static/9_8dc682caea.png?format=avif)
[Block Media 1st Term 6th Reader Committee Meeting] "In-depth Articles Needed for Differentiation ⋯ Impressive Critique of Altcoin Listings by Chairperson Park Hyun-joo"

DRAM Shortage Until 2030: How to Position Yourself on Memory Giants?
Revolut begins EURR rollout as ECB details digital euro privacy safeguards

HYPE faces $36M team withdrawal on September 6

Bitcoin is no longer just a risky asset, says BlackRock executive

The Battle of HIP-4 Begins: Who Will Become the New trade.xyz?

The Black Triangle on Crypto Exchanges: Why a Cryptocurrency Seller May Become a Suspect

Uzbekistan Confirms Purchase of J-10CE Fighter Jet, Challenging Russian Military Dominance in Central Asia











