STOCK TITAN

Canaan debuts Avalon A15 New Product Series

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Canaan Inc. introduced the A1566 model of the Avalon A15 series, a new bitcoin mining machine with enhanced technology. With an energy efficiency ratio of 18.5J/T, 185T hashing power, and 3420W power consumption, it sets a new standard in performance and power efficiency. The series showcases Canaan's dedication to product development, market research, and partnership collaborations, aiming to provide top-tier mining solutions in the blockchain industry.

Positive
  • The Avalon A15 series, particularly the A1566 model, features industry-leading energy efficiency with an 18.5J/T ratio, enhancing profitability for users.

  • The increased hashing power of 185T and reduced power consumption of 3420W highlight the improved performance and power efficiency of the A1566 model.

  • Canaan's focus on innovation in the blockchain sector is evident through the development of the Avalon A15 series, reflecting their commitment to delivering high-quality mining solutions.

Negative
  • None.

HONG KONG, May 9, 2024 /PRNewswire/ --  Canaan Inc. launched the star product A 1566 of Avalon A15 series, an upgraded bitcoin mining machine with Canaan's most advanced technology.

Building on the pioneering 1xJ/T series, the Avalon A15, particularly the A1566 model, with an industry-leading energy efficiency ratio of 18.5J/T, with its 185T hashing power and 3420W power consumption, sets a new benchmark in performance with improved power efficiency. This series reflects Canaan's intensified efforts in product development, market research and in collaboration with key partners, to deliver high quality, resilient mining solutions, especially crucial in the post-halving era. The Avalon A15 series is set to enhance profitability for users, reinforcing Canaan's commitment to innovation in the blockchain sector.

Product Info

SPEC

Model

A1566-185T

Algorithm/Crypto

SHA256/BTC

Hash Rate@25, TH/s

185 ± 5%

Power Consumption @Tj75, Watt

3420 ± 10%

Power Efficient    @Tj75°C, J/TH

18.5 ± 5%

Voltage

200 - 300V

Net Weight, kg

14.9

Work temperature  °C

-5~35

About Canaan

Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, under the leadership of Mr. Nangeng Zhang, founder and CEO, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology in bitcoin's history under the brand name, Avalon. Visit www.canaan.io for more information.

Media Contacts

pr@canaan-creative.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/canaan-debuts-avalon-a15-new-product-series-302140813.html

SOURCE Canaan Inc.

FAQ

What is the model of the new product series introduced by Canaan Inc.?

Canaan Inc. introduced the A1566 model of the Avalon A15 series.

What is the energy efficiency ratio of the A1566 model?

The A1566 model boasts an industry-leading energy efficiency ratio of 18.5J/T.

What is the hashing power of the A1566 model?

The A1566 model offers a hashing power of 185T.

What is the power consumption of the A1566 model?

The A1566 model has a power consumption of 3420W.

What is Canaan's commitment showcased through the Avalon A15 series?

The Avalon A15 series demonstrates Canaan's dedication to innovation in the blockchain sector, delivering high-quality mining solutions.

Canaan Inc. American Depositary Shares

NASDAQ:CAN

CAN Rankings

CAN Latest News

CAN Stock Data

490.74M
267.51M
21.48%
8.15%
Computer Hardware
Technology
Link
United States of America
Singapore