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.
Software Update and How to Update Your AvalonMiner & Controller
Canaan engineers have been hard at work to bring a software update to the AvalonMiner 721 and AvalonMiner Controller. As announced previously, our latest software update brings improved hashrate, improved API and bug fixes.
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.