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Bitcoin Rebound Fails to Boost Output as CleanSpark, BitFuFu, Canaan Post Second Monthly Drop

Bitcoin's rebound in July did not lift production at major publicly traded miners, with output falling for a second straight month.

bloomingbit

Publisher

Aug 18, 2026 at 1:13 AM UTC · 2 Min. Lesezeit

Bitcoin Rebound Fails to Boost Output as CleanSpark, BitFuFu, Canaan Post Second Monthly Drop
Image via bloomingbit

Key Signal

586 BTC CleanSpark July production

Entities

bitcoin

Last Updated

vor 2 Tagen

Übersetzung…
  • Bitcoin prices rebounded in July, but Bitcoin production at CleanSpark, BitFuFu and Canaan fell for a second straight month.
  • CleanSpark and BitFuFu saw lower hash rate reduce mining output, while BitFuFu also used Bitcoin holdings to secure future hash rate, reducing its holdings.
  • Canaan said a joint mining operation at a wildfire-hit facility is gradually returning to normal, while its Bitcoin and Ethereum holdings stood at the end of July and it authorized digital-asset liquidation to help fund share buybacks.

Forecast Trend Report by Period

Bitcoin's rebound in July did not lift production at major publicly traded miners, with output falling for a second straight month.

The Block reported on August 17 that CleanSpark mined 586 BTC in July, down about 5% from 614 BTC in June. BitFuFu's production fell about 10% to 112 BTC from 125 BTC over the same period, while Canaan's dropped about 28% to 46 BTC from 64 BTC.

The declines came even as Bitcoin prices recovered. Bitcoin fell from about $73,500 in early June to $58,500 at the end of the month, then rebounded from roughly $58,500 at the start of July to about $62,800 by month-end.

At CleanSpark, the drop in output was tied to a decline in operating hash rate. Its average operating hash rate in July fell about 9% from the previous month, and average daily Bitcoin production was about 18.9 BTC.

Market Context

Bitcoin

BTC

$71,887

+10.70% (24H)

Market Cap

$1.45T

24H Volume

$57.3B

24H High

$72,406

View Bitcoin Market Page

Article Intelligence

Key Entities

Regulation Signal

in progressUpdated vor 13 Tagen

SEC Crypto Asset Market Structure Rulemaking

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