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Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash

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On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the new models produce an estimated 110 to 130 terahash per second (TH/s). Canaan Launches 2 Models From the A13 Series Mining rig manufacturer Canaan (Nasdaq: CAN) announced the launch of two new mining rigs on October 24, that feature “enhanced computing power.” The new machines include the Avalon A1366 and the Avalon A1346. In terms of hashrate, the new A1366 model produces an estimated 130 TH/s and consumes 3259 watts (W) off the wall. The A1366 has a power efficiency rating of around 25 joules per terahash (J/TH). Canaan’s A1346 model produces an estimated 110 TH/s and a single machine consumes 3300 W from the wall. The A1346 mining rig has an overall power efficiency rating of around 30 J/TH, according...