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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.
8BTC

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.
8BTC

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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Ruling on XRP’s status as a security unlikely until late 2020

Disclaimer: These summaries are provided for educational purposes only by Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. A consolidated class action in federal court in Oakland may one day lead a court to rule on (1) whether Ripple violated U.S. Securities laws by creating the XRP token and (2) whether XRP is a security. That day will not be in 2019, judging from a scheduling order entered by the Court on March 18. The Order sets forth a schedule for roughly the next twelve months. Here's what's going to happen: By March 20, Plaintiffs will publish a notice under federal law that verifies that they read the complaint, authorized its filing, didn't buy XRP in oder to become plaintiffs, and a number of other things that are set forth in the Private Securities Litigation Reform Act (a law that was passed purportedly to prevent abuses class action practice. [related id=1]In 60 days, any member of the "purported class" can ask the court to be appointed as lead plaintiff and to approve selection of their counsel. This is a big deal from a financial standpoint for the lawyers, because the class lead will almost certainly earn more if there's a favorable result. As a result, you will see some litigation over this in about two months (we had a taste of that in the Tezos class action litigation, if you've followed that case). 45 days after the Court chooses the lead plaintiff, they will file a new complaint, which will replace all of the other complaints that the different plaintiffs filed. (As a reminder, this particular lawsuit consolidates or brings together a bunch of separately filed suits against Ripple). 45 days after the new complaint is filed, Defendants have to respond. Instead of answering, it is a virtual guarantee that they will file motions to dismiss. The parties will have 30 days to reply to the motion. All of the cases are ordered consolidated for pretrial purposes, which means that depositions, written discovery and motions will all be handled in this one case by this particular judge. If we build in time for the Court to rule and for some potential delay in the class rep designation process, it's possible that the Court will rule on Motions to Dismiss by the end of this year. It's also possible that this will role into next year. It's a dicey proposition to speculate on motions that haven't been filed yet, but if we assume that the motion to dismiss is denied -- which is usually the case if a Complaint is reasonably well pleaded -- we'd probably see an answer on file in early 2020. Discovery, class certification motions, and dispositive motions will likely take place in 2020 and 2021. It's possible that when the Court rules on the likely Motion to Dismiss we will see an indication as to whether or not the Court thinks a security is at issue, but Motions to Dismiss generally speaking don't address the merits of a case -- they assume that the facts stated are true for purposes of ruling, and will only look at whether or not a viable claim was pleaded. In short, I wouldn't expect to see a ruling on XRP's status as a security until late 2020 at the earliest.
The Block Crypto

IOTA / USD Technical Analysis: Game Changer

IOTA is bullish in the short-term, with the cryptocurrency trading well above its 200-period moving average The medium-term outlook remains bearish for the IOTA / USD pair, with the cryptocurrency still trading below its 200-day moving average Both time frames show potential inverted head and shoulders patterns building IOTA / USD Short-term price analysis In the short-term, IOTA has a bullish trading bias, with the cryptocurrency trading well above its 200-period moving average of the four-hour time frame. The four-hour time frame shows multiple inverted head and shoulders patterns, with price trading close to the neckline of the bullish patterns. If an upside breakout does occur, the larger bullish pattern’s overall bullish objective will likely be the November 15th trading high from last year.     IOTA / USD H4 Chart                                                                         (Source: TradingvView)     Pattern Watch Traders should note the target of the smaller bullish inverted head and shoulders pattern on the four-hour time frame will likely be the current 2019 trading high. MACD Indicator The MACD indicator on the four-hour time frame remains bullish, with the MACD signal line crossing higher. Relative Strength Index The RSI indicator on the four-hour time frame is bullish, although downside pressures are building. IOTA / USD Medium-term price analysis IOTA remains bearish in the medium-term, with the cryptocurrency still unable to move above its key 200-day moving average. The daily time frame clearly shows two potential inverted head and shoulders patterns that could start to take shape over the medium-term. The upside projection of the smaller inverted head and shoulders pattern would take the IOTA / USD pair towards levels not seen since October 2018. Technical indicators on the daily time frame remain bullish and continue to signal further gains ahead.     IOTA / USD Daily Chart                                                 (Source: TradingView)     Pattern Watch It is worth noting that the IOTA / USD pair’s 200-day moving average is located just below the neckline of the smaller inverted head and shoulders pattern. MACD Indicator The MACD indicator on the daily time frame is bullish and generating a buy signal. Relative Strength Index The RSI indicator is bullish on the daily time frame, although it is starting to correct lower. Conclusion The presence of multiple inverted head and shoulders patterns on the four-hour time frame highlights that the IOTA / USD pair has scope to trade much higher over the short-term. A sustained technical breakout above IOTA’s 200-day moving average would be a game changer for the cryptocurrency over the medium-term, although caution is advised until a bullish breakout is confirmed.   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IOTA(IOT) Price $0.310 Market Cap$862,262,752.00 #ccpw-ticker-24524 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24524 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24524 a.tabperiods.tabperiods_active, #ccpw-ticker-24524 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24524 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24524 .coin-container:after, .ccpw-container_four #ccpw-ticker-24524 .coin-container:after {border-color:#ccc !Important;} Join the conversation on Telegram and Twitter!   Decentral Media, Inc., the publisher of Crypto Briefing, is not an investment advisor and does not offer or provide investment advice or other financial advice. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an investment. The post IOTA / USD Technical Analysis: Game Changer appeared first on Crypto Briefing.
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During Second Half of 2018, Vitalik Buterin Cashed Out $40 Million in Ethereum (ETH)

With so many prominent figures in the cryptocurrency world, it should come as no surprise that a deep dive into the history of these influencers arises every now and then. Alex Sunnarborg, who is a founding partner of the Tetra Capital crypto hedge fund, decided to dig into the historical account data of Vitalik Buterin. […]
Bitcoin Exchange Guide

Adoption: Customers can now pay with IOTA in Stores that Accept Apple Pay and Samsung Pay following Zeux Integration

As a means of encouraging wider use, Payments and banking services app Zeux has integrated IOTA (MIOTA) for crypto payments in stores for retailers in a collaboration with IOTA Foundation. This is to be fully available in a few weeks time according to an announcement by the Zeux team on Medium. According to founder and co-chairman of IOTA Foundation David Sønstebø, this partnership is a major step for the company that will make IOTA use more convenient. “This partnership with Zeux will provide a significant convenience benefit for IOTA ecosystem. We are very excited about this. Now IOTA digital currency can be used as payment with merchants that accept Apple Pay and Samsung Pay. By combining existing technology with another form of currency, this is a big step forward towards the adoption of crypto for the masses.’’ Speaking on the partnership, Founder and CEO of Zeux Frank Zhou said it is an avenue to increase the adoption of the digital asset and is just the first step to giving IOTA users more financial freedom. Meanwhile, IOTA has gained over 5% since the announcement of its integration with Zeux. this is an indication of the potential adoption this cryptocurrency stands to gain as a result of the integration which will bring it to thousands if not millions of users worldwide. Zeux is an app of the UK origin that provides payment services. The app is to be launched in April and made available in Europe within the year and America in 2020. Its integration of IOTA is a win-win as the CEO described IOTA’s Tangle as an ideal platform for them to build their customer data Dapp. Tangle is a specialized distributed ledger technology that is specifically meant for the internet of things, which the IOTA Foundation’s primary mission is to support. Apart from fee-less real-time payments, the Tangle is also an open-source protocol that facilitates secure data transfer and the collection and dissemination of sensor-based and other data. Zeux mission is to bring crypto as well as fiat micropayments to retail stores around the world through facilitating fee-less real-time payment as well as enabling integration of banking and investment services with it in one, making it a convenient way to do everything with funds without going out of the app. The post Adoption: Customers can now pay with IOTA in Stores that Accept Apple Pay and Samsung Pay following Zeux Integration appeared first on ZyCrypto.
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