Canaan Introduces The New Avalon ASIC Miner in Anticipation of Continued Industry Growth

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tldr; Canaan, a Bitcoin mining rig maker, has introduced the Avalon 1266 model, which has a hash rate of one hundred terahashes per second (TH/s) and a power efficiency of 35 joules per terahash (J/T). The Avalon 1246, which preceded it, had a capability of 90 TH/s and an efficiency of 38 J/

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