Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024
Canaan (NASDAQ: CAN) unveiled its latest advancement, the Avalon Immersion Cooling Miner A1566I, at Mining Disrupt 2024. This cutting-edge ASIC Bitcoin miner boasts a hash rate of 249T and an energy efficiency of 19J/TH. It consumes 4500W of power, pushing technological innovation and efficiency. Key features include reduced noise levels due to the new rear mesh exhaust design, operation in a temperature range of 20°C to 50°C, and a lightweight, easy-to-install 11kg build. With a high ROI potential, the A1566I is primed to capitalize on post-Bitcoin halving profitability. Additionally, Canaan announced a 2% voucher incentive for miners using green energy, aligning with their ESG strategy.
- High hash rate of 249T and energy efficiency of 19J/TH.
- Reduced noise levels with rear mesh exhaust design.
- Broad operating temperature range of 20°C to 50°C.
- Lightweight and easy to install at 11kg.
- 2% voucher incentive for green energy use.
- High power consumption of 4500W.
Insights
The unveiling of the Avalon Immersion Cooling Miner A1566I highlights Canaan's engineering prowess in the cryptomining sector. This miner's hash rate of 249T and energy efficiency of 19J/TH are noteworthy. In simple terms, the hash rate represents the processing power of the miner—the higher the hash rate, the more calculations it can perform, which is important for mining success. On the other hand, energy efficiency, measured in joules per terahash (J/TH), indicates how much power is needed for each terahash of data processed. The lower this number, the more efficient the miner is.
The A1566I's innovative design, including a rear mesh exhaust system instead of traditional fans, significantly reduces noise levels, making it more suitable for varied operational environments. Such design advancements not only improve miner stability and performance but also align with modern needs for quieter and more efficient operation, particularly important in densely populated or residential areas.
From a financial perspective, the Avalon Immersion Cooling Miner A1566I's high
Furthermore, Canaan's introduction of a
The new miner's ability to operate in diverse temperature ranges (20°C to 50°C) and its lightweight design (11kg) add practical value, making it an attractive proposition for a broad range of geographical locales and infrastructural setups.
Market-wise, the release of the Avalon Immersion Cooling Miner A1566I at the Mining Disrupt 2024 conference helps cement Canaan's leadership in the Bitcoin mining industry. The timing is strategic, capitalizing on a prominent industry event to maximize visibility and market impact. The emphasis on green policies and energy-efficient solutions is particularly relevant as regulatory pressures mount and environmental sustainability becomes a key purchasing criterion for many clients.
As Bitcoin mining faces increased scrutiny over its environmental impact, Canaan's proactive stance on green mining—demonstrated by the new miner's energy efficiency and the green energy voucher—positions them favorably among competitors. This could drive increased adoption and market share, particularly in regions with stringent environmental regulations.
Key Features of Avalon Immersion Cooling Miner A1566I:
- Power Efficiency: With a power consumption of 4500W and an energy efficiency of 19J/TH, the Avalon Miner A1566I maximizes mining output while minimizing operational costs.
- Innovative Design: Enhanced chip technology improves stability and performance, reducing the energy efficiency ratio to 19J/TH. The rear mesh exhaust design replaces traditional fans, significantly lowering noise levels.
- High ROI: The Avalon Miner A1566I's high hash rate and low power consumption are poised to increase profitability, especially post-Bitcoin's fourth halving.
- Versatile Operating Conditions: Capable of operating in temperatures from 20°C to 50°C with a voltage range of 220-277V. Its lightweight design (11kg) facilitates easy transport and installation.
- Flexible Design for Market Adaptation: the Avalon Miner A1566I is designed to seamlessly integrate with current tank setups, avoiding inefficiencies caused by larger, non-specialized units.
New Policies to Encourage Green Mining
The Avalon Miner A1566I enhances the miner's performance and lifespan while reducing energy consumption and noise pollution, aligning with Canaan's ESG (Environmental, Social, and Governance) strategy.
Ning Zhang also released Canaan's ESG policy during his speech: "Canaan will give
The successful launch of the Avalon Miner A1566I at Mining Disrupt 2024 underscores Canaan's leading position in the Bitcoin mining industry, setting a clear direction for future advancements. Canaan continues to drive industry innovation, providing optimal mining solutions for clients worldwide.
About Canaan Inc.
Established in 2013, Canaan Inc. (NASDAQ: CAN), is the creator of ASIC Bitcoin miners. Canaan focuses on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market.
Media Contact: pr@canaan-creative.com
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SOURCE Canaan Inc.
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