Canaan received pre-orders for 500 thousand ASIC miners

The Chinese company Canaan Creative plans to sell more than a million bitcoin miners in 2020, reports 8BTC .

Sales director of the second largest mining equipment manufacturer in the world, Chen Feng, said that pre-order is already 500 thousand AvalonMiner A10 and A11 devices.

Series 10 ASIC miners cost between $ 1,000 and $ 1,390, and Series 11 devices are even more expensive. If the company fulfills the plan, then revenue in 2020 will exceed $ 1 billion.

Earlier it was reported that Canaan Creative will soon have an IPO in the United States with a valuation of $ 2-3 billion.

Recall that the three founders of Canaan were included in the ranking of the richest people in China, compiled by the Hurun Research Institute.

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