Canaan mines 83 bitcoin in January

Canaan released its unaudited bitcoin (BTC-USD) mining update for the month ending January 31. “Our results for January 2026 demonstrate the resilience and adaptability of our global mining operations,” said Nangeng Zhang, chairman and CEO of Canaan. “Despite macroeconomic headwinds and record winter storms across North America, our operational discipline allowed us to increase our bitcoin balance. As part of our joint mining arrangement, our joining mining partners worked closely with us on curtailment to balance power loads during high-demand periods, including in areas affected by Winter Storm Fern. These actions were aimed at maximizing long-term economics and highlight both the agility of our operating model and the inherent flexibility of bitcoin mining.”