Recently, Canaan Technology, a company in the field of cryptocurrency mining, announced an unaudited update on its Bitcoin mining operations in May 2025. It is reported that Canaan Technology mined 109 Bitcoins that month and held 1,466 Bitcoins on its balance sheet at the end of the month. As of May 31, Canaan Technology's total deployed computing power and operating computing power reached 8.75 EH/s and 7.27 EH/s respectively, and its global mining layout continued to improve.