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Nano Labs Launches Second-Generation V Series with 5x Power Efficiency Boost

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Nano Labs has launched its second-generation V Series products, powered by Cuckoo 3.0 chips. The new V2, V2H, and V2X models demonstrate significant improvements, with V2H and V2X delivering nearly four times the computing power of their first-generation counterparts. The series features upgraded hardware configurations, enhanced heat dissipation systems, and improved temperature resistance.

The company's journey in crypto mining solutions began in 2022 with the B1L product featuring Darkbird 1.0 chip for BTC mining, followed by the first-generation V1 Series with Cuckoo 2.0 chip for ETH mining.

Nano Labs ha lanciato i suoi prodotti di seconda generazione della serie V, alimentati dai chip Cuckoo 3.0. I nuovi modelli V2, V2H e V2X mostrano miglioramenti significativi, con V2H e V2X che offrono quasi quattro volte la potenza di calcolo dei loro predecessori di prima generazione. La serie presenta configurazioni hardware aggiornate, sistemi di dissipazione del calore migliorati e maggiore resistenza alle temperature.

Il percorso dell'azienda nelle soluzioni di mining crypto è iniziato nel 2022 con il prodotto B1L dotato del chip Darkbird 1.0 per il mining di BTC, seguito dalla prima generazione della serie V1 con chip Cuckoo 2.0 per il mining di ETH.

Nano Labs ha lanzado sus productos de segunda generación de la serie V, impulsados por chips Cuckoo 3.0. Los nuevos modelos V2, V2H y V2X muestran mejoras significativas, con V2H y V2X que ofrecen casi cuatro veces la potencia de cálculo de sus homólogos de primera generación. La serie cuenta con configuraciones de hardware mejoradas, sistemas de disipación de calor avanzados y mejor resistencia a las temperaturas.

El camino de la compañía en soluciones de minería cripto comenzó en 2022 con el producto B1L que contaba con el chip Darkbird 1.0 para minería de BTC, seguido de la serie V1 de primera generación con el chip Cuckoo 2.0 para minería de ETH.

나노 랩스Cuckoo 3.0 칩으로 구동되는 2세대 V 시리즈 제품을 출시했습니다. 새로운 V2, V2H 및 V2X 모델은 약 4배의 컴퓨팅 파워를 제공하며, 이는 1세대 모델보다 현저히 개선된 성능입니다. 이 시리즈는 업그레이드된 하드웨어 구성, 향상된 열 방출 시스템 및 개선된 온도 저항 기능을 갖추고 있습니다.

회사의 암호화폐 채굴 솔루션 전문성은 2022년 BTC 채굴을 위한 Darkbird 1.0 칩을 장착한 B1L 제품으로 시작되었으며, 이어서 ETH 채굴을 위한 Cuckoo 2.0 칩을 탑재한 1세대 V1 시리즈가 출시되었습니다.

Nano Labs a lancé ses produits de deuxième génération de la série V, propulsés par des puces Cuckoo 3.0. Les nouveaux modèles V2, V2H et V2X affichent des améliorations significatives, V2H et V2X offrant presque quatre fois la puissance de calcul de leurs prédécesseurs de première génération. La série dispose de configurations matérielles améliorées, de systèmes de dissipation thermique avancés et d'une meilleure résistance à la température.

Le parcours de l'entreprise dans les solutions de minage crypto a commencé en 2022 avec le produit B1L équipé de la puce Darkbird 1.0 pour le minage de BTC, suivi de la première génération de la série V1 avec la puce Cuckoo 2.0 pour le minage d'ETH.

Nano Labs hat seine Produkte der zweiten Generation der V-Serie vorgestellt, die mit Cuckoo 3.0 Chips betrieben werden. Die neuen Modelle V2, V2H und V2X zeigen signifikante Verbesserungen, wobei V2H und V2X fast viermal die Rechenleistung ihrer Vorgänger der ersten Generation bieten. Die Serie verfügt über verbesserte Hardware-Konfigurationen, verbesserte Wärmeableitungssysteme und eine höhere Temperaturbeständigkeit.

Die Reise des Unternehmens im Bereich der Krypto-Mining-Lösungen begann 2022 mit dem Produkt B1L, das mit dem Darkbird 1.0 Chip für BTC-Mining ausgestattet ist, gefolgt von der ersten Generation der V1-Serie mit dem Cuckoo 2.0 Chip für ETH-Mining.

Positive
  • V2H and V2X models achieve 4x computing power increase compared to first generation
  • Significant improvement in overall power efficiency
  • Enhanced hardware configurations and heat dissipation systems
Negative
  • None.

Insights

The launch of Nano Labs' second-generation V Series represents a significant technological leap in crypto mining hardware. The 4x computing power increase and 5x power efficiency improvement over first-generation models could substantially reduce operational costs and increase mining profitability for users. The enhanced thermal management and temperature resistance features address critical reliability concerns in mining operations.

The Cuckoo 3.0 chip architecture marks a notable advancement from its predecessor, positioning Nano Labs competitively in the mining hardware market. This product launch strengthens the company's market position, particularly as energy efficiency becomes increasingly important in crypto mining operations. The timing aligns with growing demand for more sustainable and cost-effective mining solutions.

HANGZHOU, China, Nov. 22, 2024 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA) ("we," the "Company" or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, today announced that it has launched its second-generation V Series products. Powered by the advanced Cuckoo 3.0 chips, such new generation series consisting of V2, V2H and V2X models sets new benchmarks for performance and energy efficiency in the crypto mining industry.

The V2H and V2X models deliver nearly four times the computing power of their first-generation counterparts. With such an improvement in overall power efficiency, the V2 Series solidifies its position as one of the most efficient mining solutions on the market.

Beyond its exceptional performance, the V2 Series boasts upgraded hardware configurations, enhanced heat dissipation systems and greater resistance to high temperatures. These advancements ensure more stable and efficient operation, offering users reliable and cost-effective mining solutions designed for long-term performance.

Continuing a Legacy of Innovation in Digital Mining Solutions


Nano Labs has engaged in crypto mining chip design and solutions since 2022, when it launched the B1L product featuring the Darkbird 1.0 chip for BTC mining. This innovation was followed by the introduction of the first-generation V1 Series, powered by the Cuckoo 2.0 chip for ETH mining. The V1 lineup, which included models such as the V1, V1mini, X1, and V1H, earned widespread acclaim for their competitive advantages and robust reliability within the industry.

Building on this legacy, the launch of the second-generation V Series underscores Nano Labs' commitment to advancing cutting-edge technologies and addressing the evolving demands of the crypto mining market.

Nano Labs remains dedicated to enhancing its R&D capabilities and exploring new opportunities in the Web3.0 space. With a clear focus on innovation and market expansion, the Company aims to deliver next-generation solutions that redefine industry standards and empower the digital economy.

About Nano Labs Ltd

Nano Labs Ltd is a leading fabless integrated circuit ("IC") design company and product solution provider in China. Nano Labs is committed to the development of high throughput computing ("HTC") chips, high performance computing ("HPC") chips, distributed computing and storage solutions, smart network interface cards ("NICs") vision computing chips and distributed rendering. Nano Labs has built a comprehensive flow processing unit ("FPU") architecture which offers solution that integrates the features of both HTC and HPC. Nano Lab's Cuckoo series are one of the first near-memory HTC chips available in the market*. For more information, please visit the Company's website at: ir.nano.cn.

*   According to an industry report prepared by Frost & Sullivan.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's plan to appeal the Staff's determination, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For investor inquiries, please contact:

Nano Labs Ltd
ir@nano.cn 

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com 

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SOURCE Nano Labs Ltd

FAQ

What are the new products launched by Nano Labs (NA) in November 2023?

Nano Labs launched its second-generation V Series products, including V2, V2H, and V2X models, powered by Cuckoo 3.0 chips.

How much more computing power do the new Nano Labs (NA) V2H and V2X models offer?

The V2H and V2X models deliver nearly four times the computing power of their first-generation counterparts.

When did Nano Labs (NA) first enter the crypto mining chip market?

Nano Labs entered the crypto mining chip market in 2022 with the B1L product featuring the Darkbird 1.0 chip for BTC mining.

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