Canaan Avalon Miner 1066 (50Th)

Canaan Inc., a pioneering company established in 2013, emerged as a leading force in cryptocurrency mining. Canaan Avalon has its headquarters in Singapore and operates in various locations, which are Central Asia, North America, and China. They were one of the first manufacturers of ASIC miner machines to be listed on the Nasdaq, a great move made by the company toward creating ASIC miner. Canan’s innovation journey began in 2015 when it introduced the world’s first Application Specific Integrated Circuit (ASIC) Bitcoin miner, revolutionizing the mining industry. This breakthrough was followed by the mass production of the 28nm Asic, marking the first large-scale production of Artificial Intelligence(AI) chips. In recognition of its technical expertise, Canaan Inc. received national recognition as a “High-tech Enterprise” title in 2019. Continuing its commitment to advancement, Canaan unveiled the Avalon Immersion miner in 2020, introducing the world’s first liquid-cooling immersion blockchain computing device. Canaan Avalon includes Avalonmade A1, A2, A3, A4, A6, A741, 821, 921, 1066, 1166, 1166 PRO, 1246, 1246I and 1366. This innovative product demonstrates Canaan’s dedication to pushing the boundaries of efficiency and performance in the mining landscape. Furthermore, Cnaan made significant investments in Research and Development (R&D) to develop the production of 5 nm Chips, subsequently achieving mass production of 6nm chips. In 2021, Canaan introduced the second-generation AI chip, the K510, which boasted high-performance image and voice processing capabilities. This cutting-edge technology showcased Canaan’s ability to diversify its offerings and cater to evolving market needs. Canaan’s influence spans 21 countries and regions where its machines are sold. The company is focused on developing “green mining” as a strategic approach, aiming to revolutionize the industry by promoting environmentally friendly practices. This commitment to sustainability showcases Canaan’s dedication to minimizing the environmental impact of cryptocurrency mining. With a markable track record of achievements and a global reach, Canaan Inc. remains a force to be put within the industry of ASIC mining technology.