Canaan Inc. (NASDAQ: CAN), a prominent developer of ASIC Bitcoin miners, has unveiled its latest innovation, the Avalon Immersion Cooling Miner A1566I, at the Mining Disrupt 2024 conference. According to PRNewswire, the new miner boasts a hash rate of 249 TH/s, energy efficiency of 19 J/TH, and power consumption of 4500W.
Key Features of Avalon Immersion Cooled Miner A1566I
The Avalon Miner A1566I is designed to maximize mining output while minimizing operating costs. Key features include:
- Power Efficiency: With a power consumption of 4,500W and an energy efficiency of 19J/TH, this miner is optimized for cost-effective performance.
- Innovative design: Enhanced chip technology improves stability and performance, reducing the energy efficiency ratio to 19J/TH. Rear mesh exhaust design replaces traditional fans, significantly lowering noise levels.
- High ROI: The high hash rate and low power consumption are expected to increase profitability, especially after Bitcoin’s fourth halving.
- Various operating conditions: The miner can operate in a temperature range of 20°C to 50°C at a voltage range of 220 to 277 V. The 11kg lightweight design makes it easy to transport and install.
- Flexible design for market adaptation: The Avalon Miner A1566I is designed to integrate seamlessly with your current tank setup, avoiding the inefficiencies that come with larger, non-specialized units.
Commitment to Green Mining
The Avalon Miner A1566I aligns with Canaan’s environmental, social and governance (ESG) strategy by improving performance while reducing energy consumption and noise pollution. Ning Zhang, Canaan’s vice president and general manager of Canaan US, announced that the company will offer miners who utilize green energy a 2% voucher for new orders. This policy highlights Canaan’s commitment to promoting environmentally sustainable mining practices.
The successful launch of Avalon Miner A1566I at Mining Disrupt 2024 highlights Canaan’s leading position in the Bitcoin mining industry and sets a clear direction for future developments. The company continues to drive industry innovation, providing optimal mining solutions to customers around the world.
About Canaan Co., Ltd.
Founded in 2013, Canaan Inc. (NASDAQ: CAN) specializes in ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan was listed on the Nasdaq Global Market in 2019.
Image source: Shutterstock