Canaan Creative Q2 Financial Report: Total revenue was $73.9 million, a quarter-on-quarter increase of 33.7%

ChainCatcher news, according to the financial report for the second quarter of 2023 released by Canaan Creative, the total revenue for Q2 was $73.9 million, a 33.7% increase compared to $55.2 million in the first quarter of 2023; the company's total computing power sold in the second quarter of 2023 was 6.1 million TH/s, a 44.2% increase compared to the first quarter of 2023.

Among them, the revenue from mining machine sales was $57.8 million, and the revenue from mining was $15.9 million; the company holds 1,125 bitcoins and has cash and cash equivalents of $66.1 million. The company expects total revenue for the third quarter of 2023 to be approximately $30 million.