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!

AvalonMiner 721 & AvalonMiner Controller Software Update

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.

It is simple to update your setup from the AvalonMiner Controller. If you are not familiar with how to update your AvalonMiner 721 and AvalonMiner Controller, please read our FAQ about the topic: How do I upgrade my AvalonMiner and AvalonMiner Controller?

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

Avalon6 Manual Files Released, Invite Translators

Avalon6 Manual in Chinese, Setup for 1 or More, Translators Welcome

We made a new git repository for our sharing our Avalon6 Documents including our manual that has some cool graphics showing how to setup and connect one or more Avalon6 in parallel. This first document is in Chinese. We invite translators to work with us to make an English version or other language version. As we gather more Avalon6 documents, we will place them into our new repository and release the design assets under Creative Commons Zero 1.0 license (not including our logos and trademarks).

Have you started learning Chinese yet? Join us to translate the documents into public formats, English and other languages. Have fun!

Canaan Supports Open Source with Avalon6 Awards in Competition

Canaan Announces Kano Pool Competition Winners & Talks Open Source Contributions

For the last few months, Canaan has awarded an Avalon6 each month to a winner in a competition run by mining pool to users of the “Kano Pool” who “mine” a winning block. Read the rules and the competition might seem complex to if you are new to Bitcoin mining, however it is a fun way to learn how to use the Avalon6 to mine Bitcoin.

Congratulations to the winners!

The list of winners is: @indeec444 for January, @kilowatt for Febraury, @sercinsabri for March, and @Abramov for April.

Canaan supports Open Source.

And, you can trust the Kano Pool because the software it runs is Open Source, meaning the software source code is publicly available for transparent review. The Kano Pool run’s the software CKPool, developed by Con Kolivas and Andrew Smith. And, Canaan’s Avalon6 units are controlled by Raspberry Pi’s running cgminer, another Open Source project developed by Kano and Con Kolivas (ckolivas).

How does it work simply?

Canaan’s Avalon6 is controlled by a Raspberry Pi running cgminer software. This software then may be set to synchronize its work with the Pool running CKPool so that your unit(s) power joins a pool to mine for solutions to earn Bitcoin in the process most call, “Bitcoin Mining.” For the competition, you must win a specific block with a specific difficulty.


Canaan’s Avalon6 and our previous products are optimized to use CKPool and cgminer. We contribute to cgminer regularly and as states, “Avalon is great with cgminer! The master cgminer git is kept up-to-date by [Canaan] submitting their changes, and they incorporate all the master cgminer changes!” In the world of mining, transparency is crucial. If you have a project or competition idea to support Open Source using Canaan products, please send