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Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency

Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency

In mid-August, Bitmain revealed its intention to launch a brand new Antminer that includes an effectivity ranking of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan additionally introduced plans to unveil a novel product however with little particulars. Canaan has since supplied extra info, indicating that their upcoming launch will belong to the Avalon 14 collection, alongside equaling the effectivity stage of 1X J/TH.

Upcoming Subsequent-Gen Bitcoin Mining Rigs Will Boast 1X J/TH Effectivity

At current, the main application-specific built-in circuit (ASIC) bitcoin miners produced immediately possess an effectivity ranking of 20 joules or increased per terahash. But this establishment could shift throughout the month as two rival bitcoin mining rig producers intend to introduce a brand new technology of mining merchandise.

For instance, the 2023 World Digital Mining Summit (WDMS) occurring in Hong Kong from September 22 to 23 will showcase Bitmain’s modern mining product. This equipment or collection of units can be integrated into the Antminer S21 line, and the corporate asserts that its effectivity ranking can be 1X joules per terahash (J/T). In essence, this signifies that the J/T ratio will fall under 20, rendering the rigs extra environment friendly than immediately’s main miners.

Nonetheless, following Bitmain’s S21 announcement, Canaan divulged days later they had been planning to launch their very own groundbreaking product. Canaan has now offered additional details about the upcoming Avalon or A14 collection. In a promotional commercial for the approaching “Avalon Bitcoin & Crypto Day” conference in Singapore, Canaan reveals that the brand new A14 may also boast an effectivity ranking of 1X J/T.

Avalon A14 collection
Pay deposit, double deduct the steadiness#Canaan #10thAnniversary #Bitcoin #Mining #AvalonMade

— Canaan Inc. (@canaanio) September 6, 2023

Though each outstanding mining rig producers have confirmed these machines’ enhanced efficiencies, neither Canaan nor Bitmain have specified the terahash per second output. With the upcoming BTC halving occasion on the horizon, miners sit up for units delivering elevated terahash per second (TH/s) alongside improved effectivity regarding joules per terahash. The forthcoming “Avalon Bitcoin & Crypto Day” convention is slated to happen one week from now, on September 12.

What do you concentrate on Canaan revealing that the brand new A14 collection may have higher effectivity than immediately’s prime miners? Share your ideas and opinions about this topic within the feedback part under.

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