Canaan sets new pricing for AvalonMiner 741

Canaan announces new $714 price for its popular AvalonMiner 741.

HONG KONG, May 21, 2017 – ​Hong Kong based ​announced a dramatic move in prices on it’s Avalon series of miners. As the price of cryptocurrencies continue to escalate, our drop in pricing makes mining an attractive option again for the individual miner. Steven Mosher, Head of Global sales, said “Going forward we expect the companies that build mining equipment to make more regular and predictable increases in machine capability. The next big jump in capability won’t happen until production moves to 7nm in 2018, so it makes sense to move the prices down and open up more opportunity for individual miners.”

SMART-SPEED. The AvalonMiner 741 delivers a hash rate that does not fall below 7.3 TH/s and can achieve rates above 8 TH/s. This performance is the result of a unique chip design. Unlike other ASICs that are speed sorted, the A3212, is designed to “find” its optimum speed by dynamically increasing the internal clocks and simultaneously verifying the output. Min Chen, Canaan Chief Technology Officer explains: “With SMART SPEED every chip is pushed to its optimum frequency based on the real time conditions. We dynamically monitor the hashing functions to ensure that only valid hashes are output while driving every internal core to the maximum achievable frequency for that core” Pricing And Availability​: The AvalonMiner 741 is now available priced at $714 on

About Canaan

Founded in 2013, Canaan (Canaan Creative) is the worldwide leader in producing Blockchain servers and designing ASIC microprocessor solutions . Canaan products are sold globally. From the very first SHA-256 based upon FPGA technology to the Avalon Blockchain ASIC, Canaan continues to innovate by producing custom designed ASIC microprocessors.

About operates global sales and marketing from Hong Kong.


Contact: Steven Mosher
Ph: +1-408-313-9284


PDF Release


AvalonMiner 741 in Shop

Canaan @ Consensus 2017

Come meet Canaan, Learn about our Announcements

In addition to announcing the acquisition of, an Investment round of $43 Million USD to support growth and an updated price for AvalonMiner A741 @ $714, Canaan will be at Consensus 2017 in New York City, Monday May 22 until Wednesday May 24. Find one of us Canaanites wearing a Canaan blue t-shirt and get lucky with a free shirt from us while they last 🙂

Also, for members of the press we will be in a specific Canaan media suite on Monday, May 22 and Tuesday, May 23 from 10 am to 6 pm at the New York Marriott Marquis (4th – 7th Floors), 1535 Broadway New York, NY 10036.

See you at #Consensus2017!

Canaan A741 #spring $808

Celebrate the Open in Canaan A741 & ACTRL

#spring has arrived! Time to Grow the Blockchain. To celebrate, we act. To do our part, we are highlighting the #OPEN in Canaan products and want to get you involved.

To start, Canaan A741 is now available for purchase at $808 USD. The Canaan A741 is ROQ Solid. Canaan makes Reliable Open Quality products including the Canaan AvalonMiner 741 (A741) and Canaan AvalonMiner Controller (ACTRL). And, #SPRING is about celebrating the #OPEN in #BLOCKCHAIN technology culture.

So the celebration begins! Grow the Blockchain with your Canaan A741 for $808 USD.

Canaan at FOSSASIA 2017: Blockchain Software for Hardware

The Canaan AvalonMiner Open Source Embedded System

Canaan accepted an invitation to present about blockchain technology at the annual FOSSASIA 2017 Summit, the premier Free and Open Source technology conference in Asia for developers, designers, start-ups, and contributors. With over 230 topics from more than 1,200 people from more than 70 cities all coming together at the Science Centre Singapore from March 17 and March 19, 2017, Canaan presented on “The Canaan AvalonMiner Open Source Embedded System.”

Canaan’s AvalonMiner brand is the first ASIC mining microprocessor and is the premier open source solution in blockchain securing server technology. In the presentation, Canaan’s chief of software, Qin Fengling described the entire process from start to finish of how to make the embedded system in the Canaan AvalonMiner products.

Thanks to the organizers of FOSSASIA 2017 and to all our open source contributors. If you are not already following us, please do at Github.

Here are the slides from the event:

AvalonMiner 741 Power connectors

With the AvalonMiner 741 we updated the number and quality of power connectors


Canaan AvalonMiner 741: The ROQSolid Miner, Refined. AvalonMiner 741 through a series of internal circuit optimization, the number of external power supply interface is adjusted to 6. This change improves the power compatibility, and enhance the user experience. Meanwhile, integrated Airforming Cooling technology, which not only can better protect the fan, but also better gather and export the heat inside to improve the efficiency of heat dissipation. More reliable, open, and even higher quality. Designed to last for the long hash.

Check out the PDF.

If you have more questions, please do submit a support ticket.


Happy Chinese New Year 2017

Canaan wishes you a Happy Chinese New Year 2017 Season

To everyone, everywhere, customers and future customers, Canaan wishes you a Happy Chinese New Year 2017 Season! During the holiday season we are still here providing the same Reliable Open Quality Canaan Sales and Support via, and spreading the year of rooster love on Twitter and Facebook.

Shipping is is slightly effected in Asia from January 27 until Jan 31, so get your orders in today and tomorrow to get them in the mail, otherwise shipments will resume Feb 1.

From Canaan, have a Safe and Happy Chinese New Year 2017!

UPDATE: As requested, here is an SVG file of our 2017 Chinese New Year Theme 🙂

AvalonMiner 721 & AvalonMiner Controller Shipping

As announced earlier, the AvalonMiner 721 and AvalonMiner Controller shipping begins. There has been massive demand for both products and we are working day and night to get your order together, processed and shipped out.

We are listening to customers. Please create an account and talk to us if you have issues or questions with your order or have interests to discuss.

The best way to be heard and drive the course of our products, is to become a Canaan customer.

Place your order on our shop. Become an AvalonMiner 721 ROQ Solid customer.

The AvalonMiner 721 is ROQ Solid.

Sales Start Monday, November 14 from

Today we are announcing the AvalonMiner 721: The ROQ Solid Miner. The AvalonMiner 721 is made with Reliable Open Quality.

The AvalonMiner 721 is Reliable. Embodying our latest A3212 processor using TSMC’s 16 nm process with Smart Layout, the AvalonMiner 721 packs 72 A3212 chips into each unit providing a consistent 6 Terahash per second (THS) at 900 Watts, all designed for long lasting operation.

The AvalonMiner 721 is Open. From upgradable Open Source firmware to using Off-the-Shelf Simple power supplies, controllers, and AvalonMiner Management Software (AMS), Canaan’s goal is to help you manage datacenters, not machines. With flexible open operation, the AvalonMiner 721 is designed to scale so you control your datacenter.

The AvalonMiner 721 is Quality. The AvalonMiner 721 is a datacenter miner. With aluminum printed circuit boards (PCBs), aluminum case, Smart Cooling, and Smart Frequency Adjustment, the AvalonMiner 721 is the Smart Miner.

The AvalonMiner 721 is $888 USD. Sales start Monday, November 14, with global shipments beginning Monday, November 21.

Want to be at the front of the line? Register on

Keep the Faith! Innovation Over Acquisition

Canaan chooses innovation over acquisition.

Today, Canaan is announcing that we are choosing to focus on innovation and will not pursue the deal to be acquired by Chinese electronics manufacturer Luyitong (LYT). We take all opportunities seriously that will improve the strength of our company. And now, it is time we focus on growing our business.

Today’s choice proves that Canaan is a global innovator. While Canaan spent time and resources pulling together this deal, those efforts are not wasted. They are contributions to our future. Internally Canaan strengthened our management structure, refreshed our public image, and have our product pipelines flowing to deliver solid reliable and efficient bitcoin technology solutions worldwide.

Over the last few months we have been saying we are here to “grow the blockchain.” We have used fresh images of nature like outside of our office in Beijing to help motivate our team and customers to move beyond technology innovation and into the spirit of healthy growth. That is what Canaan needs. That is what we choose.

Like most of you, we “keep the faith” in bitcoin. We are committed to increasing the decentralization of bitcoin, continuing our push for open source software on our products, and improving confidence in bitcoin and blockchain technologies.

Canaan is now three years old. We are a 100 person team that has outlasted several competitors. We cannot stop pushing innovation forward or be distracted with anything less than bringing the best high quality products with the best service to the world.

I know most of you are asking, “When is your next AvalonMiner coming out?” You will hear from us very soon…