Canaan, marking its 10th anniversary, made a significant announcement at the Avalon Bitcoin & Crypto Day (ABCD) conference with the official release of its A14 series mining models.

This new series encompasses both immersed liquid-cooled and air-cooled options, with the standout A1466I model boasting an impressive hash rate of 170TH/s and an equally noteworthy energy efficiency ratio of 19.5J/T.

The introduction of the A1466I firmly positions Canaan as a leading force propelling Bitcoin mining into the era of 1X J/T efficiency.

A notable milestone achieved by Canaan is the unveiling of the industry's first liquid immersion-cooled 1X J/T miner, the A1466I.

The Industry's First Liquid Immersion Cooled 1X J/T Miner

This ground-breaking miner represents the culmination of Canaan's extensive research and development efforts since 2021 in the domain of industrial-grade liquid-immersed mining machines.

With this pioneering offering, Canaan takes the lead in ushering in a new era of cooling technology for high-efficiency miners.

Amidst the ever-evolving mining landscape, the demand for hardware that combines efficiency with resilience against operational and environmental challenges has grown substantially.

This is especially pertinent in regions characterised by low electricity costs.

Conversely, in areas like North America, where mining power is concentrated, traditional financial institutions and fund managers are increasingly showing keen interest in mining, potentially injecting significant capital into mining infrastructure upgrades.

In response to these dynamic market demands, Canaan has introduced an integrated deployment solution catering to both immersion liquid-cooled and air-cooled models.

This innovative solution capitalises on containerisation's advantages, offering seamless integration, simplified deployment, and enhanced mobility.

Additionally, it incorporates power distribution modules, fans, and water curtains within the container setup, thereby significantly reducing the deployment time for mining facilities.

Creating Value with One-Stop Mining Experience

Davis Hui, Vice President of Canaan, emphasised the company's commitment to delivering a comprehensive Bitcoin mining experience, stating, "You need, we have."

In addition to a comprehensive product strategy encompassing mining machines and integrated solutions, Canaan is actively collaborating with customers throughout the entire value chain, from product discovery and learning to trials and post-sales support.

Key Account (KA) customers can anticipate exclusive benefits, including competitive computational power prices, personalised services, tailor-made solutions, price protection, and optimised operational uptime.

New KAs will be eligible for complimentary prototype trials and special incentives, while existing KAs can take advantage of trade-in options, extended warranties, and on-site diagnostic services.

Furthermore, Canaan outlined its ecosystem strategy during the conference, introducing a three-tier partnership programme categorising partners as Exclusive Dealers, Advanced Certified Partners, and Certified Partners.

In this period of growth for the Bitcoin mining industry, Canaan is committed to fostering close collaborations with its partners of all types, aiming to address customer needs and contribute more effectively to industry advancement.