• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin

    Bitcoin returns above $50,000 again

    Weekly Crypto Price Analysis: BTC, ETH, XRP, DOT, SUSHI

    Weekly Crypto Price Analysis 7th Mar: BTC, ETH, XRP, DOT, SUSHI

    ETH/USD price prediction

    ETH/USD Price Prediction: Will ETH/USD Retest $1,720 Support Ahead of July Upgrade

    Chainlink price prediction

    Chainlink price prediction: LINK breaks $28.5, a small retracement to follow?

    Uniswap price prediction

    Uniswap price prediction: UNI prepares to move higher, next target at $38 

    Bitcoin price

    Bitcoin Price Prediction : 24-Hour Chart Raises Hope of $50K Breakout

    Vechain price prediction

    VeChain price prediction: VET set to move higher again, resistance to break at $0.056

    Ethereum Price Prediction

    Ethereum price prediction: ETH failed to retest $1,500, more upside to follow

    SEC allegations

    John McAfee claims SEC allegations laid against him are exaggerated

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin

    Bitcoin returns above $50,000 again

    Weekly Crypto Price Analysis: BTC, ETH, XRP, DOT, SUSHI

    Weekly Crypto Price Analysis 7th Mar: BTC, ETH, XRP, DOT, SUSHI

    ETH/USD price prediction

    ETH/USD Price Prediction: Will ETH/USD Retest $1,720 Support Ahead of July Upgrade

    Chainlink price prediction

    Chainlink price prediction: LINK breaks $28.5, a small retracement to follow?

    Uniswap price prediction

    Uniswap price prediction: UNI prepares to move higher, next target at $38 

    Bitcoin price

    Bitcoin Price Prediction : 24-Hour Chart Raises Hope of $50K Breakout

    Vechain price prediction

    VeChain price prediction: VET set to move higher again, resistance to break at $0.056

    Ethereum Price Prediction

    Ethereum price prediction: ETH failed to retest $1,500, more upside to follow

    SEC allegations

    John McAfee claims SEC allegations laid against him are exaggerated

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Industry News

Canaan and Ebang mining rigs out to challenge industry bigwigs

Canaan and Ebang are listed on Nasdaq

Gurpreet Thind by Gurpreet Thind
August 3, 2020
in Industry News
2 min read
Canaan and Ebang mining rigs out to challenge industry bigwigs
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

The recently launched Canaan and Ebang mining rigs bring their A-game to challenge industry giants. The well-known Chinese firms, Ebang Communications, and Canaan, recently unveiled their respective BTC mining hardware. Interestingly, this is the first time that any publicly listed firm has unveiled mining hardware as both are available on Nasdaq.

The new design brings more sturdy and flexible – #AvalonMiner 1146Pro
If you are looking for the right machine for mining farm, then AvalonMiner 1146Pro would be a good choice. #BTC #Bitcoin #mining pic.twitter.com/KeydPUfBID

— Canaan (@canaanio) July 8, 2020

The ASIC-powered machines have somewhat limited hashrate and rivals offer much more. The industry’s biggest players, including Bitmain and Microbt, aren’t publicly listed on any exchange. The Canaan and Ebang mining rigs are not in direct competition with the industry leaders since the hashrate on offer is considerably lower.

RelatedPosts

MicroStrategy defies market dip, buys $10m more Bitcoin

Crypto startups to get $200M investment fund from Crypto.com

Crypto Insurance: $2million raised by Unslashed Finance for insurance project

Is Cyril Ramaphosa leading the crypto adoption drive in South Africa?

Canaan and Ebang mining rigs offer lackluster performance

The Avalonminer 1146 Pro by Canaan gives the user 63 TH/s of mining power. On the other hand, Ebang E12+ delivers 50 TH/s. These figures do not mean much in comparison to the top models on offer by Bitmain or Microbt.

The launch of Canaan and Ebang mining rigs do represent a significant milestone in the crypto journey as both the firms bring the credibility of public listing with them.

Cool in nature, powerful by design. Introducing the brand new E12/E12+, it is poised to redefine what is possible. For details, please check out our new website: https://t.co/IvH3z0Xu1q pic.twitter.com/7vp7o1LgKA

— EBANG Miner (@ebang_co) May 21, 2019

Canaan announced the launch of Avalonminer 1146 Pro back in June. The Ebang E12+ will retail at $1,500 and delivers 50 TH/s speed. The power rating of Avalonminer 1146 Pro is higher, but it does offer more hashrate as well.

Industry giants offer superior performance

Both models are far less power-hungry compared to Microbt Whatsminer M30S+ that demands 3472W for mining operations. Most major machines demand anything upwards of 3000W of power and can churn out more than 95 TH/s or more. This is much higher compared to the Canaan and Ebang mining rigs.

The Microbt Whatsminer M30S++, delivers more than 110 TH/s. Due to ship in October, the models are going to push up the mining numbers. Bitmain models available in secondary markets are also far superior to Canaan and Ebang models.

The pricing for the Canaan model hasn’t been revealed yet and may offer more value for money compared to the industry’s best machines. It remains to be seen how the stock prices react to the launch of these mining rigs.

Gurpreet Thind

Gurpreet Thind

Gurpreet Thind is pursuing Masters in Electrical Engineering at University of Ottawa. His scholarly interests include IT, computer languages and cryptocurrencies. With a special interest in blockchain powered architectures, he seeks to explore the societal impact of digital currencies as finance of the future. He is passionate about learning new languages, cultures and social media.

Related Posts

MicroStrategy
Industry News

MicroStrategy defies market dip, buys $10m more Bitcoin

March 5, 2021
Crypto startups
News

Crypto startups to get $200M investment fund from Crypto.com

March 4, 2021
Crypto insurance
Industry News

Crypto Insurance: $2million raised by Unslashed Finance for insurance project

March 4, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Bitcoin

Bitcoin returns above $50,000 again

March 7, 2021
Weekly Crypto Price Analysis: BTC, ETH, XRP, DOT, SUSHI

Weekly Crypto Price Analysis 7th Mar: BTC, ETH, XRP, DOT, SUSHI

March 7, 2021
xrp price predictions

XRP Price Prediction 2021, 2023, 2025, 2030

March 7, 2021
ETH/USD price prediction

ETH/USD Price Prediction: Will ETH/USD Retest $1,720 Support Ahead of July Upgrade

March 7, 2021
Chainlink price prediction

Chainlink price prediction: LINK breaks $28.5, a small retracement to follow?

March 7, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.