Canaan Introduces the Latest Avalon Bitcoin Miner A1566, Setting the Bar for Efficiency in Performance

In Brief

The Avalon Miner A1566 is a result of Canaan’s strategic improvements in product design, comprehensive market exploration, and synergy with critical partners. This miner emerges as a vital tool in the evolving Bitcoin landscape post-halving, aiming to maximize user profitability and affirming Canaan’s innovative role in the Bitcoin mining realm.

Canaan Inc. (NASDAQ: CAN), known for creating ASIC Bitcoin miners, introduced its latest air-cooled model—the Avalon Miner A1566 of the Avalon Miner A15 series—during the Bitcoin Asia 2024 event in Hong Kong on May 9, 2024. This sophisticated mining unit boasts an impressive hash rate of 185 TH/s, demonstrating a superior energy efficiency of 18.5 J/TH, with a total power consumption of 3420 watts.

Avalon Miner A1566 — Unmatched Bitcoin Mining Efficiency and Competitive ROI
The Avalon Miner A1566 stands as a second-generation miner featuring an outstanding 1x J/T Power Efficiency ratio, precisely engineered for the SHA-256 algorithm. This technology allows for increased data processing with reduced energy consumption, promising enhanced profitability and a compelling return on investment for users, especially following the recent Bitcoin Halving.

Promotion price: $14.6/T
For further inquiries, feel free to reach out to our sales team or visit Canaan’s official site and online shop for more comprehensive insights.

Avalon Miner A1566 — Effortlessly Integrated into Canaan’s Comprehensive Mining Solutions
The Avalon Miner A1566 fits smoothly into Canaan's One-Stop Mining Solutions, benefiting from their global logistics and rapid installation capabilities. It can be conveniently set up within the Avalon Box at prepared locations worldwide, all while allowing for tailored adjustments to meet customer specifications. With just access to power and a suitable site, users can seamlessly dive into Bitcoin mining with the Avalon Miner A1566 and associated services.

Avalon Miner A1566 — Comprehensive Support from Canaan’s Global Service Network
Users of the Avalon Miner A1566 will receive extensive after-sales support from Canaan worldwide, featuring 24/7 multilingual assistance and bespoke VIP services. Our robust global service network, comprising over 20 centers, ensures efficient deployment and continuous operational support for both the Avalon A1566 and other mining solutions on a global scale.

Avalon Miner A1566 — A Testament to Cutting-Edge R&D Capabilities
The Avalon Miner A1566 exemplifies Canaan's growing investment in product innovation, comprehensive market research, and strategic partnerships, creating dependable Bitcoin mining solutions particularly significant after the recent halving. This miner is tailored to boost user profitability and highlights Canaan's commitment to leading technological advancements in the Bitcoin mining space.

According to Mr. Zhibin Li, Canaan's Vice President of R&D, 'Our priority at Canaan is to deliver the most advanced mining rigs through close partnerships with semiconductor manufacturers. We focus on pioneering technology in chip design and production processes. A thorough understanding of chip performance enables us to consistently deliver efficient and reliable products to meet dynamic market demands. This effort not only helps our customers increase their profitability after Bitcoin's fourth halving but also strengthens their capability to manage potential risks. It reinforces Canaan’s relentless commitment to chip and product research and development.'

About Canaan Inc.

Founded in 2013, Canaan Inc. (NASDAQ: CAN) is a forward-thinking technology enterprise specializing in ASIC hardware design, chip research and development, the production of computing equipment, and offering software solutions. With a wealth of experience in ASIC design and production processes, Canaan pioneered the first-ever ASIC-powered Bitcoin mining machines in history under the Avalon Miner brand, introduced by Mr. Nangeng Zhang, the company's founder and CEO.

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Disclaimer:
All data and specifications mentioned are derived from controlled laboratory conditions. We do not guarantee that the same performance metrics will apply once the products are deployed outside of these conditions.
All materials, including text, images, and graphics contained in this press release, are the sole property of Canaan Inc.  Canaan Inc. holds exclusive rights to interpret these contents.

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