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    Home » New ASIC miners for Avalon Bitcoin mining A11 series on 58 and 70 TH / s

    New ASIC miners for Avalon Bitcoin mining A11 series on 58 and 70 TH / s

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    By BlockchainJournal on September 28, 2019 News
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    A few days ago in China, more precisely in Sichuan, an important event was held , organized by the Poolin mining pool and dedicated to cryptocurrency mining . It was attended by various industry participants, including several manufacturers.

    Among them is the well-known manufacturer of mining equipment Canaan, who announced the new ASIC line for mining bitcoins . It belongs to the Avalon Miner family, or the eleventh A11 series.

    As can be seen in the photo taken a few days ago during the event, a Canaan representative spoke about the details regarding the specifications for the company's future products.

    First of all, the Canaan Avalon Miner A1146 and A1166 will use chips based on an advanced manufacturing process, although it is not yet determined whether the one supplied by the TSMC 7 nm or Samsung 8 or 10 nm foundries will be used.

    This is a significant step forward, as modern high-tech Canaan products (Avalon A1066 and A1046) use chips made using the lithographic process, which is already considered obsolete at a wavelength of 16 nm.

    Consequently, the efficiency of the new products will be significantly higher, rising from the current 65 watts for TH for the A1066 to 47 watts for TH for the A1166.

    Two models were presented to the public :

    • The first is the Canaan Avalon Miner A1146, an entry-level solution of 58 Tx / s with an energy efficiency of about 56 watts per Tx. Accordingly, the total power consumed by this model should be about 3300 watts per hour.
    • The new top of the Avalon Miner A1166 line will reach 70 Tx / s with the same consumption and efficiency of 47 W per Tx. This is similar to Bitmain solutions, which until now were considered the most effective.

    The price is still unknown, but according to rumors, it will be $ 30-35 per Tx, therefore, the Canaan Avalon Miner A1146 can cost from $ 1750 to $ 2050, while its older brother A1166 is priced from $ 2100 to $ 2500.

    Pre-orders will be opened in October / November, and the release of the first lots is scheduled for January / February 2020.

    Publication date 09/28/2019
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