Canaan’s July filing indicates that nearly 35% of its reported "operating" hashrate came from Ethiopia, even as a footnote said mining there was paused. That creates a reporting gap around the company’s 4.96 EH/s figure because the filing does not say how much of that capacity, if any, was actually hashing on July 31. In crypto mining, hashrate is a measure of computing power, so the distinction matters when investors try to judge how much capacity was truly active at month-end.