We have changed our operations model in 2021. Previously we were selling bitcoin mining machines mostly to individual mining operators who may not have longer-term planning. In late 2020, we shifted our client base to mostly publicly traded companies and bitcoin-focused investment funds which tend to place sizable orders with longer-term commitment.

Canaan, a leading provider of supercomputing solutions, announced that it will be supplying 6,000 units of its A1246 model of AvalonMiners to Core Scientific, the leading digital mining operator in the United States. The next-generation A1246 AvalonMiners are expected to further cement Core Scientific’s industry-leading position as the largest digital asset mining operator in North America.

This week, US-based ASIC mining hardware retailer Blokforge received their shipments of the A1246 and took the time to review the machine’s performance in comparison to some of our previous models. As a SHA256 cryptocurrency miner, AvalonMiners are often used for bitcoin mining but can be used for other cryptocurrencies based on SHA256 cryptography.

High Performance: The A1246 boasts hash rates of up to 90TH/s at roughly 3,400W — one of the fastest and most energy efficient in the industry.