Bitcoin Mining Firms Report Lower Monthly Output as Crypto Bear Market Remains Firmly Intact

Three publicly listed Bitcoin mining companies—CleanSpark (NASDAQ: CLSK), BitFuFu (NASDAQ: FUFU), and Canaan (NASDAQ: CAN) — each posted lower production in July 2026 than in the previous month. The declines mark the group’s second consecutive monthly drop, even as Bitcoin’s price staged a partial recovery after a sharp sell-off in June.

Operational factors, including shifts in hashrate and site-specific challenges, appear to have outweighed the modest price rebound.

CleanSpark produced 586 Bitcoin in July, down from 614 Bitcoin in June. Average daily output stood near 18.9 Bitcoin.

The company’s average operating hashrate declined during the period, while its nameplate operational capacity remained at 50 EH/s.

CleanSpark ended July with 13,931 Bitcoin in its treasury after accounting for production, spot sales, and call exercises.

In the same update, the firm highlighted a long-term data center lease expected to generate substantial contracted revenue over two decades, signaling continued diversification beyond pure mining operations.

BitFuFu reported mining 112 Bitcoin in July, down from 125 Bitcoin the month before.

Daily production averaged 3.6 Bitcoin.

Self-mining output rose slightly to 72 Bitcoin from 70 Bitcoin, while the cloud-mining portion fell to 40 Bitcoin from 55 Bitcoin.