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.

Canaan Creative Announces New Flagship Avalonminer

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

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

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.