Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024

Canaan
Inc.
(NASDAQ:
CAN),
a
prominent
developer
of
ASIC
Bitcoin
miners,
has
introduced
its
latest
innovation,
the
Avalon
Immersion
Cooling
Miner
A1566I,
at
the
Mining
Disrupt
2024
conference.
The
new
miner
boasts
a
hash
rate
of
249
TH/s
and
an
energy
efficiency
of
19
J/TH
with
a
power
consumption
of
4500W,
according
to

PRNewswire.

Key
Features
of
Avalon
Immersion
Cooling
Miner
A1566I

The
Avalon
Miner
A1566I
is
designed
to
maximize
mining
output
while
minimizing
operational
costs.
Key
features
include:

• 
  Power
  Efficiency:
  With
  a
  power
  consumption
  of
  4500W
  and
  an
  energy
  efficiency
  of
  19J/TH,
  the
  miner
  is
  optimized
  for
  cost-effective
  performance.
• 
  Innovative
  Design:
  Enhanced
  chip
  technology
  improves
  stability
  and
  performance,
  reducing
  the
  energy
  efficiency
  ratio
  to
  19J/TH.
  The
  rear
  mesh
  exhaust
  design
  replaces
  traditional
  fans,
  significantly
  lowering
  noise
  levels.
• 
  High
  ROI:
  The
  high
  hash
  rate
  and
  low
  power
  consumption
  are
  expected
  to
  boost
  profitability,
  especially
  post-Bitcoin’s
  fourth
  halving.
• 
  Versatile
  Operating
  Conditions:
  The
  miner
  can
  operate
  in
  temperatures
  ranging
  from
  20°C
  to
  50°C
  with
  a
  voltage
  range
  of
  220-277V.
  Its
  lightweight
  design
  (11kg)
  facilitates
  easy
  transport
  and
  installation.
• 
  Flexible
  Design
  for
  Market
  Adaptation:
  The
  Avalon
  Miner
  A1566I
  is
  designed
  to
  seamlessly
  integrate
  with
  current
  tank
  setups,
  avoiding
  inefficiencies
  caused
  by
  larger,
  non-specialized
  units.

Commitment
to
Green
Mining

The
Avalon
Miner
A1566I
aligns
with
Canaan’s
ESG
(Environmental,
Social,
and
Governance)
strategy
by
enhancing
performance
while
reducing
energy
consumption
and
noise
pollution.
Ning
Zhang,
Canaan’s
Vice
President
and
General
Manager
of
Canaan
U.S.,
announced
that
the
company
would
offer
a
2%
voucher
to
miners
utilizing
green
energy
for
their
new
orders.
This
policy
underscores
Canaan’s
dedication
to
promoting
environmentally
sustainable
mining
practices.

The
successful
launch
of
the
Avalon
Miner
A1566I
at
Mining
Disrupt
2024
highlights
Canaan’s
leading
position
in
the
Bitcoin
mining
industry,
setting
a
clear
direction
for
future
advancements.
The
company
continues
to
drive
industry
innovation,
providing
optimal
mining
solutions
for
clients
worldwide.

About
Canaan
Inc.

Established
in
2013,
Canaan
Inc.
(NASDAQ:
CAN)
specializes
in
ASIC
high-performance
computing
chip
design,
chip
research
and
development,
computing
equipment
production,
and
software
services.
Canaan
went
public
on
the
Nasdaq
Global
Market
in
2019.

Image
source:
Shutterstock