April 25, 2024

Chinese companies Canaan and Ebang presented new models of ASIC miners

The two largest Chinese companies Canaan and Ebang, members of the Big Three equipment manufacturersThe parameters and characteristics of ASIC miners caused bewilderment among experts, who declared the release of the equipment a "step backwards".

Avalonminer 1146 Pro, manufactured by Canaan according to the specification shows the performance of 63TH/s equipment at the energy consumption of 52 J/hash, consumed power 3276 W.

The equipment will be available from June, the company does notreveals for now the chip on which the new flagship runs and the cost. Ebang’s statement is more informative; the new E12+ model will cost miners $1,500 for 50 TH/s with a power consumption of 2,500 W.

The released equipment did not make it into the top 4miners distributed by Bitmain and MicroBT. With a power consumption of 3200-3400 W by devices, they provide performance of 95TH/s and higher.

Parameters of Antminer 19, which occupies the bottomranking line in the top 4 performance, provide the miner with a minimum profit of $5 per day. Avalonminer 1146 Pro will give the owner a minimum of $0.8 at the current price of Bitcoin and the same electricity costs.

Unlike Bitmain' devices, the flagships of the MicroBT M30S will not be available until October of this year.The company was able to show similar performance of equipment with a competitor, which is very important in the conditions of past halving.

For the first time in the history of the cryptocurrency market did not react to the double reduction in the remuneration for the block by the increase in the price of Bitcoin.Judging by the drop in volatility, miners should not expect a strong rise30-50% per day, so production performance comes out for the first time.

Canaan and Ebang have shown they cannot compete with industry leaders, although they have received additional multimillion-dollar investments before Halving through an IPO.Both companies are traded on the NASDA's stock exchange.

It is worth thinking about the prospect of their shares after the placement there Bitmain.The company has only recently confirmed its plans for an IPO, but so far it is holdingCorporate conflict between the founders Jihan Wu and Mikri Jean.

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