Mining Rig Maker Canaan Releases 2 New ASIC Bitcoin Miners With approximately 130 Terahash– Mining Bitcoin News

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On Monday, bitcoin mining rig producer Canaan Inc., revealed the launch of the business’s newest high-performance bitcoin miners called the A13 series. Canaan has actually exposed 2 designs in the A13 series, which include “better power effectiveness over its predecessors,” and the brand-new designs produce an approximated 110 to 130 terahash per 2nd (TH/s).

Canaan Launches 2 Designs From the A13 Series

Mining rig producer Canaan (Nasdaq: CAN) revealed the launch of 2 brand-new mining rigs on October 24, that include “improved calculating power.” The brand-new makers consist of the Avalon A1366 and the Avalon A1346.

In regards to hashrate, the brand-new A1366 design produces an approximated 130 TH/s and takes in 3259 watts (W) off the wall. The A1366 has a power effectiveness score of around 25 joules per terahash (J/TH).

Canaan Launches 2 New ASIC Bitcoin Miners With Up to 130 Terahash

Canaan’s A1346 design produces an approximated 110 TH/s and a single maker takes in 3300 W from the wall. The A1346 mining rig has a total power effectiveness score of around 30 J/TH, according to Canaan’s stats.

While the brand-new Canaan systems are offered for purchase on Canaan’s site, the brand-new Avalon designs do not function rates for each maker. Interested purchasers require to submit a “cooperation assessment” type, in order to ask about acquiring the brand-new A13s.

Canaan Launches 2 New ASIC Bitcoin Miners With Up to 130 Terahash

The A13s are more effective than the A12 series Canaan produces, which provide 90 to 100 TH/s of hashpower depending upon the system. Canaan’s CEO states the brand-new A13s are a turning point for the business’s high computing power research study.

” The launch of our brand-new generation bitcoin mining maker is a crucial research study and advancement turning point as we take our pursuit of greater computing power, much better power effectiveness, exceptional user experience, and ideal cost-effectiveness to an entire brand-new level,” the chairman and CEO of Canaan Nangeng Zhang stated in a declaration on Monday.

Avalon miners have actually come a long method because the very first design was launched to the public. The Avalon miner was the very first bitcoin application-specific incorporated circuit (ASIC) mining rig to strike the customer market in January 2013.

The very first Avalon included 64 gigahash per 2nd (GH/s) of hashrate, which corresponds to 0.068 TH/s. That suggests the current A1366 mining rig is 191,076% more effective than the very first Avalon produced for the customer market.

In reality, the current A1366 is more effective than what was committed to the whole Bitcoin network at the time, which had an overall network hashrate of around 22 TH/s in January 2013. Canaan’s stock has actually increased throughout the last thirty days, leaping 3.86% greater versus the U.S. dollar.

Nevertheless, six-month stats show that CAN is down 18.02% versus the greenback today. Prior to the opening bell on Wall Street on Monday early morning, CAN’s worth is around $3.23 per share.

Canaan’s CEO detailed that the business is “working all the time, throughout the supply chain, to get ready for future order and shipments of the brand-new items to our customers worldwide.” Canaan’s rivals Bitmain and Microbt have actually likewise introduced high-performance bitcoin miners this year.

Tags in 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, calculating power, Hash, Hashpower, Hashrate, Microbt, Nangeng Zhang, NASDAQ: CAN, SHA256

What do you think of the current bitcoin mining rigs produced by Canaan? Let us understand what you think of this topic in the remarks area listed below.

Jamie Redman.

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech reporter living in Florida. Redman has actually been an active member of the cryptocurrency neighborhood because 2011. He wants Bitcoin, open-source code, and decentralized applications. Given that September 2015, Redman has actually composed more than 6,000 short articles for Bitcoin.com News about the disruptive procedures emerging today.

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

Disclaimer: This post is for educational functions just. It is not a direct deal or solicitation of a deal to purchase or offer, or a suggestion or recommendation of any items, services, or business. Bitcoin.com does not offer financial investment, tax, legal, or accounting guidance. Neither the business nor the author is accountable, straight or indirectly, for any damage or loss triggered or declared to be brought on by or in connection with using or dependence on any material, products or services discussed in this post.

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