Canaan announces new $714 price for its popular AvalonMiner 741.
HONG KONG, May 21, 2017 – Hong Kong based Canaan.io 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 canaan.io.
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.
Canaan.io operates global sales and marketing from Hong Kong.
With the AvalonMiner 721 we upgraded the number and quality of power connectors.
The AvalonMiner 721 is ROQ Solid. In the AvalonMiner 721 we upgraded the number and quality of power connectors to increase efficiency and reliability of the AvalonMiner 721. The front face of the AvalonMiner 721 now has “8-on-front” 6-pin female power connectors so that an operator connects 8 of a power supply unit’s 6-pin male power connectors to an AvalonMiner 721. In our tests, Canaan has seen a 5-8 % increase in efficiency in our latest generation miner by moving from 4 power connectors to 8. Also, by connecting 8-on-front power connectors with quality cables, an AvalonMiner 721 should run even more consistently and reliably.
NOTE: The previous firmware works for AvalonMiner 721. The above firmware released for the AvalonMiner Controller and Raspberry Pi 1, 2, and 3 is officially starting to support AvalonMiner 721 from this current version. If there is a phenomenon where a user can update the MM firmware stating “it is not recognized,” please note that the controller firmware is normal.
Upgrading your hardware is important. It brings new life to them and improves performance. We are the official manufacturer of the Avalon6 and provide service to you. Remember, Canaan is here for you and your Avalon products.