Canaan inc. reports unaudited second quarter 2023 financial results

- total computing power sold achieved 6.1 million thash/s, up 45.2% qoq - - bitcoin mining revenues reached us$15.9 million, up 43.3% qoq - singapore, aug. 29, 2023 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended june 30, 2023. second quarter 2023 operating and financial highlights total computing power sold was 6.1 million thash/s, representing an increase of 44.2% from 4.2 million thash/s in the first quarter of 2023 and an increase of 11.7% from 5.5 million thash/s in the same period of 2022.
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