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0 0 0.00894290300389809 0.00894290300389809 0.000114652602614067 0.00298096766796599 -0.00722311396468709 -0.00252235725750985
Stock impact report

Canaan Unveils the New Avalon A1566 Mining Machines at Bitcoin Asia

Canaan Inc. - American Depositary Shares (CAN) 
Company Research Source: PR Newswire
SINGAPORE, May 9, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today debuted its newest product, the A1566 of the Avalon A15 series, at the Bitcoin Asia exhibition in Hong Kong on May 9th, 2024.The Avalon Miner A1566, with an outstanding computing power of 185Thash/s and a targeted optimized energy efficiency ratio of 18.5J/T, is the second generation of 1xJ/T series products released by Canaan. The A1566 provides a more dependable mining experience, setting a new benchmark in performance with improved power efficiency. The new model is the result of Canaan's ongoing market research, heightened investment in product development, and partnership with partners to create chips that perform better using the most recent advanced process. Canaan believes that the A1566 will let users actively adapt to the "post-halving" period, boosting profitability and risk resistance even more.The Bitcoin Asia exhibit Show less Read more
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