Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency

In mid-August, Bitmain revealed its intention to launch a brand new Antminer that includes an effectivity score of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan additionally introduced plans to unveil a novel product however with little particulars. Canaan has since provided extra info, indicating that their upcoming launch will belong to the Avalon 14 collection, alongside equaling the effectivity stage of 1X J/TH.

Upcoming Next-Gen Bitcoin Mining Rigs Will Boast 1X J/TH Efficiency

At current, the main application-specific built-in circuit (ASIC) bitcoin miners produced at present possess an effectivity score of 20 joules or increased per terahash. Yet this establishment could shift inside the month as two rival bitcoin mining rig producers intend to introduce a brand new era of mining merchandise.

For instance, the 2023 World Digital Mining Summit (WDMS) occurring in Hong Kong from September 22 to 23 will showcase Bitmain’s modern mining product. This equipment or collection of units shall be included into the Antminer S21 line, and the corporate asserts that its effectivity score shall be 1X joules per terahash (J/T). In essence, this signifies that the J/T ratio will fall beneath 20, rendering the rigs extra environment friendly than at present’s main miners.

Nonetheless, following Bitmain’s S21 announcement, Canaan divulged days later they have been planning to launch their very own groundbreaking product. Canaan has now offered additional details about the upcoming Avalon or A14 collection. In a promotional advertisement for the approaching “Avalon Bitcoin & Crypto Day” conference in Singapore, Canaan reveals that the brand new A14 can even boast an effectivity score of 1X J/T.

Avalon A14 collection
Pay deposit, double deduct the stability#Canaan #10thAnniversary #Bitcoin #Mining #AvalonMade pic.twitter.com/YAXdBJBkHf

— Canaan Inc. (@canaanio) September 6, 2023

Although each outstanding mining rig producers have confirmed these machines’ enhanced efficiencies, neither Canaan nor Bitmain have specified the terahash per second output. With the upcoming BTC halving occasion on the horizon, miners look ahead to units delivering elevated terahash per second (TH/s) alongside improved effectivity regarding joules per terahash. The forthcoming “Avalon Bitcoin & Crypto Day” convention is slated to happen one week from now, on September 12.

What do you consider Canaan revealing that the brand new A14 collection may have higher effectivity than at present’s high miners? Share your ideas and opinions about this topic within the feedback part beneath.