Canaan Unveils New 7nm Chip Equipped Miner

Canaan Unveils New 7nm Chip Equipped Miner

During a recent press conference, Canaan Creative, the second largest manufacturer of cryptocurrency mining rigs in the world, has revealed a total of four products that will be for sale soon. In addition to the Bitcoin mining television set that the company has recently decided to launch, it will release a 7nm chip-equipped 30T Avalonminer A9, a Litecoin Avalonminer, and a household heater crypto miner.

The Intro Ecosystem Features

The major announcement was certainly the so-called first 7nm mining chip of the world. According to the Secretary-General of the Zhejiang Semiconductor Industry Association, Chen Guanglei, this new chip is giving the company an opportunity to lead the world forward.

Canaan Creative will also release the Avalonminer A9, which will be the first mass produced miner using this new kind of chip. According to the company, the A9 has a performance that ranges between 60 W and 70 W per terahash and a hash rate that varies from 26.5and 30 TH/s.

This new will chip will have more power than any other, according to the company. It will have the industry’s highest computing density, a lower cost and a greater capacity than other chips while consuming considerably less energy and having cooler temperatures.

New Smart Home AI Era To Merge With Mining

The company has also discussed the release of its Litecoin miner, the Avalonminer L, which has a performance of 0.84 W per megahash and its hash power can go up to even 1,891 megahashes.

Other products that were shown were the TV set and the heater that have mining capabilities. The TV set will feature a A3210 16nm ASIC chip with a hash rate of 2.8 TH/s and consume 100 W per TH.

According to a representant of the company, these new products will take traditional home appliances and use them for cloud computing, which will be used for mining. This way, people will have a way to mine using them.

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