Jia Nan Technology produced 98 bitcoins in August, increasing its total reserves to 1,547 bitcoins

ChainCatcher news, according to PRNewswire, Canaan Inc. announced its August Bitcoin mining briefing, reporting an output of 98 Bitcoins for the month, a month-over-month increase of 10%, and Bitcoin reserves rising to 1,547 coins.

By the end of August, the global deployed computing power reached 8.6 EH/s, and it is expected that the total computing power will exceed 10 EH/s after all installations are complete. The company is expanding its mining operations in the United States, Southeast Asia, and Ethiopia, and has partnered with Bitfury and Luxor to promote ASIC miner sales and miner financing.