Canaan (Avalon) Release World’s First Bitcoin Mining TV and 7nm A9 at 30T/1720W
The China-based miner giant Canaan Creative on July 31 released its latest products – a TV set with built-in bitcoin mining chips and a 30T miner.
Canaan, or Jiananyunzhi (“嘉楠耘智” in Chinese), was founded in April 2013 in Hangzhou by Zhang Nangeng, aka NgZhang. The company earns its name by the Avalon miners which are rivals of Bitmain’s Antminer.
Avalon TV miner
The blockchain-powered smart TV is allegedly world’s first bitcoin mining TV, equipped with supercomputing chips and Android interactive system.
It features A3210 16nm ASIC chips with hashrate of 2.8T and power consumption at 100w/T, making it possible for a household appliance to generate earnings by mining while watching your favorite dramas.
Users could check mined cryptocurrencies via the cloud control system, and use the earnings to exchange for video contents or real-life gifts.
On the same day, along with the rollout of the TV miner, Avalon also released AvalonMiner A9 featured by faster 7nm ASIC chips with hashrate up to 30 T.
Compared with Bitmain’s popular Antminer S9, which is claimed to be the most powerful and efficient miner available on the market, its advertised capacity is 14 TH/s, only half of Avalon A9’s hashrate.
With the rollout of Avalon 7nm bitcoin miner, Avalon is likely to surpass Bitmain in 7nm ASIC chips mass production, the competition between the first runner-up Canaan and Bitmain becomes fiercer.
As previously reported by 8btc, Canaan and Bitmain are both seeking IPO in Hong Kong. In 2017, Canaan has sold more than 1.2 billion CNY ($176 million) in mining chips, and Bitmain has made $2.3 billion in sales.
Will the era of 10+T hashrate be a thing of the past with the fast iteration of mining chips? Leave your comment below.