Canaan Intelligentsia today announced its operating and financial summary for the fourth quarter of 2023 and the full year of 2023. The data shows that Canaan Intelligent Intelligence's revenue in the fourth quarter of last year was US$49.1 million, while revenue in the third quarter of 2023 was US$33.3 million. Revenue for the same period in 2022 was US$58.3 million; mining revenue last quarter was US$3.7 million, an increase of 13.6% from US$3.3 million in the third quarter of 2023, and a decrease of 65.5% from US$10.7 million in the same period of 2022.
In addition, Canaan's total computing power sales in 2023 will be 19.6 million Thash/s, a year-on-year increase of 29.6% from 15.1 million Thash/s in 2022; full-year revenue will be US$211.5 million, compared with US$651.5 million in 2022; mining Revenue was $34 million, compared with $32.5 million in 2022. (PR Newswire)