Canaan launches new ASIC Bitcoin mining rig, Avalon 1266 model

Canaan a bitcoin (BTC) mining rig manufacturer, has launched a new miner dubbed the Avalon 1266 model, the miner has a hashrate capability of 100 terahashes (TH/s) per second and a power efficiency of 35 joules per terahash (J/T). According to a company executive speaking at the Bitcoin 2022 Conference in Miami , the Avalon […]