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

Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash
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On Monday, bitcoin mining rig producer Canaan Inc., introduced the launch of the corporate’s newest high-performance bitcoin miners referred to as the A13 collection. Canaan has revealed two fashions within the A13 collection, which characteristic “improved power efficiency over its predecessors,” and the brand new fashions produce an estimated 110 to 130 terahash per second (TH/s).

Canaan Launches 2 Models From the A13 Series

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

In phrases of 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 Launches 2 New ASIC Bitcoin Miners With Up to 130 Terahash

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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 accordance to Canaan’s statistics.

While the brand new Canaan items can be found for buy on Canaan’s web site, the brand new Avalon fashions don’t characteristic costs for every machine. Interested patrons want to fill out a “cooperation consultation” kind, so as to inquire about buying the brand new A13s.

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The A13s are extra highly effective than the A12 collection 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 generation bitcoin mining machine is a key research and development milestone as we take our pursuit of higher computing power, better power efficiency, superior user experience, and optimal cost-effectiveness to a whole new level,” 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 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 first Avalon featured 64 gigahash per second (GH/s) of hashrate, which equates to 0.068 TH/s. That means the most recent A1366 mining rig is 191,076% extra environment friendly than the primary Avalon produced for the patron market.

In truth, the most recent A1366 is extra highly effective than what was devoted to the complete 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 last 30 days, leaping 3.86% larger towards the U.S. greenback.

However, six-month statistics point out that CAN is down 18.02% towards the dollar right this moment. Prior to the opening bell on Wall Street on Monday morning, CAN’s worth is round $3.23 per share.

Canaan’s CEO detailed that the corporate is “working around the clock, across the supply chain, to prepare for future purchase orders and deliveries of the new products to our clients worldwide.” Canaan’s rivals Bitmain and Microbt have additionally launched high-performance bitcoin miners this yr.

Tags on this story

110 TH/s, 130 TH/s, 64 GH/s, A13, A1346, A1366, A13s, Avalon, Avalon Miners, Bitcoin, Bitcoin (BTC), Bitcoin Miners, Bitcoin mining, Bitcoin Mining Rigs, Bitmain, BTC, BTC miners, BTC Mining, Can, Canaan, Canaan Inc, computing energy, Hash, Hashpower, Hashrate, Microbt, Nangeng Zhang, NASDAQ: CAN, SHA256

What do you consider the most recent bitcoin mining rigs produced by Canaan? Let us know what you consider this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com News concerning the disruptive protocols rising right this moment.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Canaan web site, Avalon miners,

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