Canaan Inc. announced its third-quarter financial report for 2024, with revenue increasing by 120.9% year-on-year to $73.61 million. The sold mining machine hash rate was approximately 7.30 million Thash/s, a year-on-year increase of 93.8%. Mining revenue was $8.96 million, with 147 bitcoins mined, and the average revenue per bitcoin was $61,034. The operating loss was $56.84 million, a year-on-year decrease of 49.6%. As of September 30, 2024, the company held 1,231.3 bitcoins, and the fair value of digital assets and accounts receivable totaled $79.02 million.