Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash

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Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash - Cryptocurrency

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Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash

On Monday, bitcoin mining rig producer Canaan Inc., introduced the launch of the corporate’s newest high-performance bitcoin miners known as the A13 sequence. Canaan has revealed two fashions in the A13 sequence, which function “improved energy effectivity over its predecessors,” and the brand new fashions produce an estimated 110 to 130 terahash per second (TH/s).

Canaan Launches 2 Fashions From the A13 Collection

Mining rig producer Canaan (Nasdaq: CAN) introduced the launch of two new mining rigs on October 24, that function “enhanced computing energy.” The brand new machines embrace the Avalon A1366 and the Avalon A1346.

When it comes to hashrate, the brand new A1366 mannequin produces an estimated 130 TH/s and consumes 3259 watts (W) off the wall. The A1366 has an influence effectivity ranking of round 25 joules per terahash (J/TH).

Canaan’s A1346 mannequin produces an estimated 110 TH/s and a single machine consumes 3300 W from the wall. The A1346 mining rig has an total energy effectivity ranking of round 30 J/TH, in line with Canaan’s statistics.

Whereas the brand new Canaan items can be found for buy on Canaan’s web site, the brand new Avalon fashions don’t function costs for every machine. consumers must fill out a “cooperation session” type, in order to inquire about buying the brand new A13s.

The A13s are extra highly effective than the A12 sequence Canaan produces, which provide 90 to 100 TH/s of hashpower relying on the unit. Canaan’s CEO says the brand new A13s are a milestone for the corporate’s excessive computing energy analysis.

“The launch of our new technology bitcoin mining machine is a key analysis and improvement milestone as we take our pursuit of upper computing energy, higher energy effectivity, superior consumer expertise, and optimum cost-effectiveness to a complete new stage,” the chairman and CEO of Canaan Nangeng Zhang mentioned in a press release on Monday.

Avalon miners have come a great distance for the reason that first mannequin was launched to most of the people. The Avalon miner was the primary bitcoin application-specific built-in circuit (ASIC) mining rig to hit the patron market in January 2013.

The primary Avalon featured 64 gigahash per second (GH/s) of hashrate, which equates to 0.068 TH/s. Which means the newest A1366 mining rig is 191,076% extra environment friendly than the primary Avalon produced for the patron market.

Actually, the newest A1366 is extra highly effective than what was devoted to the whole Bitcoin community on the time, which had a complete community hashrate of round 22 TH/s in January 2013. Canaan’s inventory has elevated over the past 30 days, leaping 3.86% greater towards the U.S. greenback.

Nevertheless, six-month statistics point out that CAN is down 18.02% towards the buck at present. Previous to the opening bell on Wall Road on Monday morning, CAN’s worth is round $3.23 per share.

Canaan’s CEO detailed that the corporate is “working across the clock, throughout the availability chain, to arrange for future buy orders and deliveries of the brand new merchandise to our purchasers worldwide.” Canaan’s opponents Bitmain and Microbt have additionally launched high-performance bitcoin miners this 12 months.

What do you concentrate on the newest bitcoin mining rigs produced by Canaan? Tell us what you concentrate on this topic in the feedback part under.

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