{"id":8049,"date":"2022-10-24T20:11:47","date_gmt":"2022-10-24T20:11:47","guid":{"rendered":"http:\/\/www.cryptoheretostay.com\/?p=8049"},"modified":"2022-10-24T20:11:47","modified_gmt":"2022-10-24T20:11:47","slug":"mining-rig-manufacturer-canaan-launches-2-new-asic-bitcoin-miners-with-up-to-130-terahash","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=8049","title":{"rendered":"Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p><strong>On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company\u2019s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature \u201cimproved power efficiency over its predecessors,\u201d and the new models produce an estimated 110 to 130 terahash per second (TH\/s).<\/strong><\/p>\n<h2>Canaan Launches 2 Models From the A13 Series<\/h2>\n<p>Mining rig manufacturer Canaan (Nasdaq: CAN) announced the launch of two new mining rigs on October 24, that feature \u201cenhanced computing power.\u201d The new machines include the Avalon A1366 and the Avalon A1346.<\/p>\n<p>In terms of hashrate, the new A1366 model produces an estimated 130 TH\/s and consumes 3259 watts (W) off the wall. The A1366 has a power efficiency rating of around 25 joules per terahash (J\/TH).<\/p>\n<\/p>\n<p>Canaan\u2019s A1346 model produces an estimated 110 TH\/s and a single machine consumes 3300 W from the wall. The A1346 mining rig has an overall power efficiency rating of around 30 J\/TH, according to Canaan\u2019s statistics.<\/p>\n<p>While the new Canaan units are available for purchase on Canaan\u2019s website, the new Avalon models do not feature prices for each machine. Interested buyers need to fill out a \u201ccooperation consultation\u201d form, in order to inquire about purchasing the new A13s.<\/p>\n<\/p>\n<p>The A13s are more powerful than the A12 series Canaan produces, which offer 90 to 100 TH\/s of hashpower depending on the unit. Canaan\u2019s CEO says the new A13s are a milestone for the company\u2019s high computing power research.<\/p>\n<p>\u201cThe 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,\u201d the chairman and CEO of Canaan Nangeng Zhang said in a statement on Monday.<\/p>\n<p>Avalon miners have come a long way since the first model was released to the general public. The Avalon miner was the first bitcoin application-specific integrated circuit (ASIC) mining rig to hit the consumer market in January 2013.<\/p>\n<p>The first Avalon featured 64 gigahash per second (GH\/s) of hashrate, which equates to 0.068 TH\/s. That means the latest A1366 mining rig is 191,076% more efficient than the first Avalon produced for the consumer market.<\/p>\n<p>In fact, the latest A1366 is more powerful than what was dedicated to the entire Bitcoin network at the time, which had a total network hashrate of around 22 TH\/s in January 2013. Canaan\u2019s stock has increased during the last 30 days, jumping 3.86% higher against the U.S. dollar.<\/p>\n<p>However, six-month statistics indicate that CAN is down 18.02% against the greenback today. Prior to the opening bell on Wall Street on Monday morning, CAN\u2019s value is around $3.23 per share.<\/p>\n<p>Canaan\u2019s CEO detailed that the company is \u201cworking around the clock, across the supply chain, to prepare for future purchase orders and deliveries of the new products to our clients worldwide.\u201d Canaan\u2019s competitors Bitmain and Microbt have also launched high-performance bitcoin miners this year.<\/p>\n<p>Tags in this story<\/p>\n<p>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 power, Hash, Hashpower, Hashrate, Microbt, Nangeng Zhang, NASDAQ: CAN, SHA256<\/p>\n<p><em><strong>What do you think about the latest bitcoin mining rigs produced by Canaan? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n<p>Jamie Redman <\/p>\n<p class=\"article__body__author__info__about\">\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.<\/p>\n<p><i class=\"td-icon-font td-icon-twitter\"\/><\/p>\n<p class=\"images_credits\"><em>Image Credits: Shutterstock, Pixabay, Wiki Commons, Canaan website, Avalon miners, <\/em><\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<p>More Popular NewsIn Case You Missed It<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/mining-rig-manufacturer-canaan-launches-2-new-asic-bitcoin-miners-with-up-to-130-terahash\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company\u2019s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature \u201cimproved power efficiency over its predecessors,\u201d and the new models produce an estimated 110 to 130 terahash per second (TH\/s). Canaan Launches [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-8049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-updates"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8049"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8049\/revisions"}],"predecessor-version":[{"id":8051,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8049\/revisions\/8051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/8050"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}