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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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Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust

Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17. Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its […] Cet article Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust est apparu en premier sur Bitcoin Central.
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Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

CoinSpeaker Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project Until now, everybody has been talking about Bitcoin, the most popular and widely used digital currency. However, Bitcoin is unable to process thousands of transactions a second. Researchers from the Massachusetts Institute of Technology (MIT), UC-Berkeley, Stanford University, Carnegie Mellon University, University of Southern California, and the University of Washington have decided to fix such a weakness and develop a crypto asset better than Bitcoin. The researchers are working together as Distributed Technology Research (DTR), a non-profit organization based in Switzerland and backed by hedge fund Pantera Capital. The first initiative of Distributed Technology Research is the Unit-e, a virtual coin that is expected to solve bitcoin’s scalability issues while holding true to a decentralized model and process transactions faster than even Visa or Mastercard. Babak Dastmaltschi, Chairman of the DTR Foundation Council, said: “The blockchain and digital currency markets are at an interesting crossroads, reminiscent of the inflection points reached when industries such as telecom and the internet were coming of age. These are transformative times. We are nearing the point where every person in the world is connected together. Advancements in distributed technologies will enable open networks, avoiding the need for centralized authorities. DTR was formed with the goal of enabling and supporting this revolution, and it is in this vein that we unveil Unit-e.” According to the press release, Unit-e will be able to process 10,000 transactions per second. That’s worlds away from the current average of between 3.3 and 7 transactions per second for Bitcoin and 10 to 30 transactions for Ethereum. Joey Krug, a member of the DTR Foundation Council and Co-Chief Investment Officer at Pantera Capital, believes that a lack of scalability is holding back cryptocurrency mass adoption. He said: “We are on the cusp of something where if this doesn’t scale relatively soon, it may be relegated to ideas that were nice but didn’t work in practice: more like 3D printing than the internet.” The project’s ideology is firmly rooted in transparency, with a belief in open-source, decentralized software developed in the public interest with inclusive decision-making. The core team of the project is based in Berlin. To solve the scalability problem, DTR has decided to develop the Unit-e with parameters very close to Bitcoin’s design, but many things will be improved. Gulia Fanti, DTR lead researcher and Assistant Professor of Electrical and Computer Engineering at Carnegie Mellon University, commented: “In the 10 years since Bitcoin first emerged, blockchains have developed from a novel idea to a field of academic research. Our approach is to first understand fundamental limits on blockchain performance, then to develop solutions that operate as close to these limits as possible, with results that are provable within a rigorous theoretical framework.” The launch of the Unit-e is planned for the second half of 2019. Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project
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BitPay CEO Says Bitcoin Is Solving Real Problems Around the World

BitPay co-founder and CEO, Stephen Pair, has recently commented that Bitcoin (BTC) is solving several issues around the world. He said that in a press release uploaded a […] The post BitPay CEO Says Bitcoin Is Solving Real Problems Around the World appeared first on UseTheBitcoin.
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Trillion Dollar Market Cap, Ethereum Chain Splits & Stellar Lumens Fund - Crypto News

In this video, Mattie gives you the latest bitcoin and crypto news. He talks about the ethereum chain splitting, BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars, and a new Stellar Lumens fund. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: https://bit.ly/2sZCAiF New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! https://www.youtube.com/channel/UCxulvI2C9wUvvDDNS7S35fA/videos ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://bit.ly/2GDAoCp Facebook: https://bit.ly/2wYksLB Telegram: https://bit.ly/2IAqDuI ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: Leading Crypto Asset Manager Grayscale Launches Stellar Lumens Trust https://www.altcoinbuzz.io/crypto-news/finance-and-funding/leading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust/?fbclid=IwAR2AlAU_C_8Mm9CUm2hDci0pmdW3pvLzphS-BSy888SzDptaXMeifxZgJ1I Crypto Investment Firm Grayscale Launches Fund Dedicated to Stellar Lumens (XLM) https://www.cryptoglobe.com/latest/2019/01/crypto-investment-firm-grayscale-launches-fund-dedicated-to-stellar-lumens-xlm/ Grayscale Tweet https://twitter.com/GrayscaleInvest/status/1085904356635959297?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085904356635959297&ref_url=https%3A%2F%2Fwww.altcoinbuzz.io%2Fcrypto-news%2Ffinance-and-funding%2Fleading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust%2F Grayscale https://grayscale.co/stellar-lumens-trust/ BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars As Company Launches Cold Storage Trading https://dailyhodl.com/2019/01/17/bitgo-ceo-says-institutional-money-in-crypto-can-easily-reach-trillions-of-dollars-as-company-launches-cold-storage-trading/ Crypto’s Billion-Dollar Theft Problem Prompts Safer Way to Trade https://www.bloomberg.com/news/articles/2019-01-16/crypto-s-billion-dollar-theft-problem-prompts-safer-way-to-trade Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople https://www.trustnodes.com/2019/01/17/ethereum-chain-splits-an-estimated-10-of-miners-stay-on-constantinople Ethereum Upgrade – Constantinople Hard Fork Delayed https://www.altcoinbuzz.io/crypto-news/product-release/ethereum-upgrade-constantinople-hard-fork-delayed/ VanEck to Nasdaq: Bitcoin Market Structure Expected to Improve in 2019 https://www.newsbtc.com/2019/01/17/vaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019/ Nasdaq Tweet https://twitter.com/Nasdaq/status/1085522054559031296?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085522054559031296&ref_url=https%3A%2F%2Fwww.newsbtc.com%2F2019%2F01%2F17%2Fvaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019%2F -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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