September 27, 2022

Canaan introduced a new bitcoin miner

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Canaan has introduced a new A12 series bitcoin ASIC miner that provides a hashrate of 100 TH/s.

The energy efficiency of the Avalon 1266 is 35 J/TH. The company said that the model has become the most compact and quiet in the line of manufactured devices.

The timing of the start of supplies of equipment to Canaan was not disclosed.

At the Bitcoin 2022 conference in Miami, senior vice president of the company Edward Lu announced plans to expand the manufacturer’s own mining business. In 2021, the company began mining bitcoin in Kazakhstan.

According to Lu, Canaan intends to start cryptocurrency mining operations in the US, for which he plans to explore the best opportunities in various states. At the same time, the company seeks to cooperate with partners focused on the use of green energy.

Recall that MicroBT introduced a new line of miners at Bitcoin 2022. The flagship Whatsminer M50S provides a hash rate of 126 TH / s with an energy efficiency of approximately 26 J / TH.

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