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The Avalon Project is a manufacturer of ASIC mining hardware.

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Which BTC Miner Yields the Highest Profit? Whatsminer M10, Innosilicon T3, AvalonMiner A9, or Antminer S15

Innosilicon, a China-based semiconductor manufacturer known for making cryptocurrency mining equipment, has launched its latest bitcoin miner – the Terminator 3 on November 10, two days after Bitmain rolled out 7nm Antminer S15. The T3 Miner, with a hashrate of 43TH/s at 2100w consumption (48.83W/TH), is touted as the No.1 BTC miner for 2019, according to Innosilicon. “…T3 offers such an unbeatable competitive advantage over existing products with lower operating cost, higher ROI and longevity in all conditions. It will be the BTC miners to own for the years to come.” The T3 pre-order for limited stock has started on Nov.11, with delivery of limited 1st batch between Jan. 25th and Feb. 25th, 2019, and price at $2,279, or 0.358899 BTC. As competitive miner makers rush to roll out their featured next-gen ASIC miners which all are claimed as the best BTC miners, the mining market is wondering which one could stand out to generate the highest profit. Here 8btc makes a comparison among the latest efficient and powerful BTC miners, Mining metrics are calculated based on a network hashrate of 47.16 EH/s and using a BTC/USD exchange rate of 1 BTC = $6,450. Profits of per Tera hash a day is 0.000035 BTC. The electricity price used in generating these metrics is 0.4 yuan ($0.057)/kWh (average electricity cost in China). All the factors would vary over time, this is just an estimation based on current values. According to the table above, Whatsminer M10s, yielding the highest profit of $7.53 per day based on the current mining metrics, could be crowned as the king of BTC miner, followed by Ebit E11++ and Innosilicon T3. While the best deal on mining hardware varies depending on the miner’s goals and budget. Whatsminer M10s delivers the highest hashrate as well as highest profit, Ebit E11++ performs the best in power efficiency, Antminer S15 is among the comparable bargains.
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Canaan Creative Avalonminer A911 Crypto Mining Rig is Coming, Home Appliance Integration in Full Effect

Canaan To Launch A New Mining Rig Model Known As AvalonMiner A911 At 2018 Mining Summit which was held in China’s southwestern city of Chengdu, Canaan Creative announced a new mining rig model known as AvalonMiner A911. The company has also allegedly stated its plan of developing a 5nm mining chip. Specifications Of AvalonMiner A911 AvalonMiner A911 has a maximum hashrate of 18 THs and the power consumption is 1440w. It will provide 80 Watts per THS power usage. As the company said in its official Wechat account, the newly-launched mining rig which is powered by the 7nm mining chip has stronger hash power and consumes less energy than its another flagship miner A921 which has been almost sold out. In addition to the mining rig, in the mining summit, Chen Feng, Canaan’s AvalonMiner Sales Director also introduced several new products the mining giant plans to launch soon, including a cloud computing heater and a mobile mining farm called “Avalon Box” as well as the AI chip named Kendryte. With these products, Canaan hopes to make crypto mining a functional part of household life. Canaan To Develop 5nm chip Just two months after showcasing its new 7nm mining chip, Canaan Creative has supposedly announced that it will seek to develop a 5nm mining chip. In contrast to TSMC’s 7nm chip, the company’s planned 5nm chip will adopt extreme ultraviolet lithography “for more critical layers to reduce multi-pattern process complexity while achieving aggressive die area scaling.” The statement comes after the Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor manufacturer, published in June that it intends to start trial production of its “5nm Fin Field-Effect Transistor process technology” during the second half of 2019, with a goal of mass producing the nodes during 2020. At the time, Reuters reported that the company expects to invest $25 billion into developing the technology. Notably, Canaan Creative filed its 1 $billion IPO application on the Hong Kong Stock Exchange in May, reporting around $205 million in revenue in 2017 alone. Although the crypto market is in a bear trend, the No.2 hardware seller is doubling down its efforts to develop advanced chips and other mining products, in a bid to gain a competitive edge
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Canaan Creative Announces New Avalonminer A911 Mining Rig

Canaan Creative, the world’s second largest manufacturer of cryptocurrency mining hardware, has announced a new mining rig, the Avalonminer A911, alongside plans to develop a mining heater and portable miner. The company has also purportedly expressed its intention of developing a 5nm mining chip. Also Read: Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund Canaan Creative Announces New Flagship Avalonminer Hangzhou-based Canaan Creative recently announced a new range of planned products at a mining summit in Chengdu, including a new flagship mining rig, the Avalonminer A911. Canaan’s Avalonminer sales director, Chen Feng, stated that the company’s latest miner will provide a maximum hash rate of 18 tera-hashes per second (TH/s), have a power consumption of 1440w, and perform at 80 Watts per THS of power usage. The A911 will be also be powered by Canaan’s recently unveiled 7nm mining chip. Canaan Purportedly to Develop 5nm Chip Just two months after showcasing its new 7nm mining chip, Canaan Creative has supposedly announced that it will seek to develop a 5nm mining chip. The announcement comes after the Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor manufacturer, announced in June that it plans to launch trial production of its “5nm Fin Field-Effect Transistor process technology” during the second half of 2019, with a goal of mass producing the nodes during 2020. At the time, Reuters reported that the company expects to invest $25 billion into developing the technology. In contrast to TSMC’s 7nm chip, the company’s planned 5nm chip will adopt extreme ultraviolet lithography “for more critical layers to reduce multi-pattern process complexity while achieving aggressive die area scaling.” New Canaan Products Seek to Expand Internet-of-Things Appliances Feng also announced Canaan’s intention to launch several new products seeking to further extend its integration of advanced computing technology into household appliances, including a cloud-computing heater and a mobile mining farm dubbed the ‘Avalon Box’. Canaan will also seek to develop an artificial intelligence chip called ‘Kendryte’. The announcements follow Canaan’s unveiling of the world’s first bitcoin mining television set, the Avalonminer Inside, which was first showcased alongside the company’s 7nm mining chip at a press conference in Hangzhou on the 8th of August. What is your opinion on the increasing integration of mining technology into household appliances? Share your thoughts in the comments section below! Images courtesy of Shutterstock At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more. The post Canaan Creative Announces New Avalonminer A911 Mining Rig appeared first on Bitcoin News.
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Canaan Unveils New Mining Rig AvalonMiner A911 , and 5nm Chip Is In Layout

Canaan Creative, the world’s second largest manufacturer of bitcoin mining hardware, announced a new mining rig model known as AvalonMiner A911 Saturday at 2018 Mining Summit which was held in China’s southwestern city of Chengdu. The Bitcoin ASIC miner will be soon available for users to purchase it. According to Chen Feng, Canaan’s AvalonMiner Sales Director, AvalonMiner A911 has a maximum hashrate of 18 THs and the power consumption is 1440w. It will provide 80 Watts per THS power usage. As the company said in its official Wechat account, the newly-launched mining rig which is powered by the 7nm mining chip has stronger hash power and consumes less energy than its another flagship miner A921 which has been almost sold out. In addition to the mining rig, Chen also introduced several new products the mining giant plans to launch soon, including a cloud computing heater and a mobile mining farm called “Avalon Box” as well as the AI chip named Kendryte. With these products, Canaan hopes to make crypto mining a functional part of household life. In early August, Canaan launched the world’s first bitcoin mining TV set , dubbed AvalonMiner Inside, stirring up some hype in the crypto community then. The device which is based on artificial intelligence can calculate the fluctuating rate of Bitcoin mining profitability in real time. Further, Chen added at the mining summit that the Hangzhou-based company set to roll out 5nm chips after it unveiled the first-ever 7nm mining chips on August 8th that powers its Avalonminer A9. His comments came just a week after Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), a major chip producer for Canaan Creative and its larger rival, Bitmain, announced it planned to begin trial production of its 5nm technology in April 2019. Canaan filed its 1 $billion IPO application on the Hong Kong Stock Exchange in May, reporting around $205 million in revenue in 2017 alone. Although the crypto market is in a bear trend, the the No.2 hardware seller is doubling down its efforts to develop advanced chips and other mining products, in bid to gain a competitive edge in the fierce battle in the lucrative crypto mining hardware manufacturing industry.
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Canaan AvalonMiner A921 Bitcoin ASIC Miner: Quality Crypto Mining Specs?

Canaan Creative has decided to upload the specifications of its latest miner launched to the market, the AvalonMiner A921. This Bitcoin ASIC miner should be soon available for users to purchase it. The first model A921 will be delivering 20 THS with 1700 watts of power usage. The hash rate can have a small variation between 5% and 10% and its consumption could reach an increase of 20%. There are some users that are not giving positive opinions about this miner since the market was expecting better specifications. Nonetheless, the next models that are going to be released might see an increase in power usage and THS. The net weight of the Canaan AvalonMiner A921 is 5.5 kg, operates with temperatures between -5 and 30 degrees Celsius and has a power efficiency of 0.085 J/GigaHash Wall-Plug. At the moment, the market is down, which could be determining at the time of purchasing cryptocurrency mining hardware. In some specific cases it can be cheaper to directly purchase the asset rather than mining it. Since the beginning of the year that the virtual currency market is in a bear trend that does not seem to have an end. Companies need to offer good prices rather than just improving the specs. Other miners such as the recently announced 14nm BitFury Clarke ASIC chip looks much more profitable and interesting than this one. However, the last miners mentioned might not be available for purchasing at least in a short period of time.
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Canaan AvalonMiner 841: High Quality Cryptocurrency Miner?

Canaan, the second largest cryptocurrency mining hardware manufacturer in the world, has just released its AvalonMiner 841 and you can buy it right now for $618 USD. This new miner promises to take your mining facilities to the new level. This mining rig is a refined ROQ Solid Miner made with airforming cooling technology. It contains 104 x A3210HP 16nm chips and can get a hash rate of 13.6 TH/s. The performance might range from 5% less to 10% more. You can connect it to an AvalonMiner Controller (which is sold separately) with an AvalonMiner USB Converter 3 (AUC3) and you can use five of them at the same time. If you have a large installation of miners, the company offers support in deploying the AvalonMiner Management System, which can let you manage the efficiency of the mining rigs better when you have thousands of them. The product contains the mining equipment and one AUC3 cable. Hash rate: 13TH/s, -5% ~ +10% : Average 13.6; Power Consumption: 1290W, +0% ~ +20% @ 13TH/s, 25°C, 93% PSU Efficiency, 12V AC; Power Efficiency: 0.099J / GigaHash; Rated Input Voltage: 12 ~ 12.6V Chips: 104 x A3210HP 16nm ASIC This miner weights 4.8 kg and its dimensions are 40 x 21 x 22 cm. This new product is aimed at professional miners and, therefore, it’s very powerful and somewhat expensive. As it was made by one of the top companies in the market, it has guaranteed quality. Be mindful and plan well before buying a miner for your home or facility.
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OKEx’s Token Will See 17x Growth in Price, Blockchain Investment Firm Forecasts

The recent popularity Initial Exchange Offerings (IEO) have been experiencing over the last few months has brought what it appears to be like a new bull run. An incredible example of success is the OKB token issued by OKEx, one of the largest cryptocurrency exchanges by trading volume in the world, which has impressed the market beyond expectations having experienced an increase in the price of 163% since launched. Shinobi Capital, a leading blockchain advisory firm and also an investor in early-stage start-ups, has released its latest evaluation report estimating that the OKB price will grow further to US$30.75, 17 times the current price, by the end of 2020. According to Jason Hill, the founding partner of Shinobi Capital:  Exchanges tokens will be the powerhouse of the development of the digital asset market and even blockchain technology. Following a series of IEOs powered by exchange tokens in H1 2019, the market is marching to the next round of bull run. OKB, as a market leader of exchange tokens, is also welcoming its own uptrend. Backed by a number of use cases and a large user base of OKEx, OKB has demonstrated a huge potential of growth. The established blockchain and cryptocurrency advisory firm is well-known for its extensive experience in start-up investment. In their evaluation report of OKB, Shinobi Capital lays out the two most important factors that will affect OKB’s future trading volume, the development of the OKChain mainnet and the overall the crypto market condition. Furthermore, the report also establishes a comparative evaluation model with other major platform tokens, including Binance Coin (BNB), EOS, and TRON (TRX). This comparative evaluation studies different aspects of each token such as trading volume, price patterns, and usage demand. The latest OKB buy-back & burn program is also taken into account to evaluate the token’s future price trend. It is expected that by the end of 2020, the price of OKB will reach USD30.75 and its market capitalization will be about USD7.068 billion. There is a significant growth lag in OKB at this stage, and the potential of price growth needs to be further released. In the next round of market recovery and boom, OKB is likely to become one of the fastest-growing assets in the market. Disclosure: This is a sponsored press release The post OKEx’s Token Will See 17x Growth in Price, Blockchain Investment Firm Forecasts appeared first on NullTX.
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Ethereum Classic presents roadmap to improve DApp development and overall infrastructure

Experts of the cryptospace are making use of DApp services to simplify the entire blockchain process. Along these lines, Ethereum Classic’s [ETC] core development team has put forth an initiative to revamp its existing ecosystem. Moving forward with an aspiration for refinement, ETC’s team is developing fresh features over blockchain technology, a development that will […] The post Ethereum Classic presents roadmap to improve DApp development and overall infrastructure appeared first on AMBCrypto.
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David Marcus Grilled During Facebook's Senate Hearing

During the first of two congressional hearings regarding Facebook's Libra cryptocurrency, project lead David Marcus went as far as to say he'd be willing to take his salary in Libra after intense grilling from Senator Sherrod Brown.
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David Marcus Questioned Over Libra by Congress

Facebook is finally facing its reckoning as David Marcus, head of the company’s blockchain division and the leader of Libra, the venture’s new cryptocurrency, was grilled by Senate members who refuse to believe in Facebook’s allegedly noble financial plans. Libra: A Congressional Issue? Many people have a hard time believing in Facebook’s morality following the Cambridge Analytica scandal. Discovered in 2018, Facebook had allegedly been selling users’ private data for years to third parties for advertising purposes. Following Mark Zuckerberg’s Senate hearing last year, trust in Facebook has fallen to an all-time low. In many ways, this new “congressional step” for the social media conglomerate should serve as a huge learning experience. When you’re a company of Facebook’s size and you do anything to compromise the safety or privacy of your customers, you can bet it’s going to take a long time to earn their trust back. Facebook is learning this lesson in spades right now, as several Senators taking part in the hearing commented about the lack of trust they feel towards the company and its executive team. Sherrod Brown, a Democrat from the state of Ohio, commented:  Facebook has demonstrated through scandal after scandal that it doesn’t deserve our trust. We’d be crazy to give them a chance to let them experiment with people’s bank accounts. Senator Martha McSally, a Republican from Arizona, stated that Facebook is simply trying to shift gears and get people to focus on something else entirely, in this case cryptocurrency. Rather than seriously attempt to fix its reputation, it’s working to divert people’s attention with an entirely new product. She says: I don’t trust you guys. Instead of cleaning up your house, you are launching into a new business model. In addition, Facebook is also being criticized for its complete lack of coordination with policymakers. Throughout the early development of Libra, Facebook’s executive team failed to make any contacts with regulators or legal authorities to potentially understand how the cryptocurrency could better satisfy present financial laws and terms.  Trust Takes a Long Time to Build At least David Marcus isn’t lying to himself. He acknowledged during the hearing that it would likely take a while before the company can earn people’s trust well enough that they would provide their banking details. He states:  I want to make it clear that we are only at the beginning of the journey. We expect the review of Libra to be one of the most extensive ever. Facebook will not offer the Libra currency until we have addressed the concerns and receive appropriate approvals… We will not control Libra and will be one of over 100 participants that will govern over the currency. We will have to gain people’s trust if we want people to use our network over the hundreds of competing companies. The post David Marcus Questioned Over Libra by Congress appeared first on Live Bitcoin News.
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Waves CEO Has Sold His Stake At Vostok, A Waves Blockchain Affiliated Project

Alexander Ivanov, the founder, and CEO of Waves has recently decided to fully sell his stake of Vostok, blockchain spin-off of the Waves platform. According to a recent press release, now only the GHP Group, which bought all the stakes, will be the owner of the project. The CEO also affirmed on the press release that […]
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