Canaan AvalonMiner 1166 Pro Review

The AvalonMiner 1166 Pro is hardware that uses an SHA-256 algorithm for mining cryptocurrencies. It was released recently in August 2020. The amount of power it consumes when plugged in is 3400 watts. The maximum hash rate of the AvalonMiner 1166 Pro is 81TH/s. This equipment is also known as A1166 Pro within the community of miners dealing in cryptocurrency.

The AvalonMiner 1166 Pro comes from the company Canaan. Canaan is one of the leaders in the supercomputing segment. They are a service provider company that largely depends and bases their hardware solutions around blockchain technology, using Artificial Intelligence and mainly Machine Learning to develop cutting edge technologies. In 2016, Canaan successfully managed to launch the manufacturing on the first chip in the 16 nm size range and has also been awarded a prestigious certification, making them China National High-Tech Enterprise.

China's supercomputing company Canaan Inc. (Nasdaq: CAN) has revealed its new mining machine – the AvalonMiner 1166 Pro.

The AvalonMiner 1166 Pro has a hashrate of 81TH/s and power consumption of 3400W. It is optimized in terms of fuselage structure, fan cooling, background management, and native firmware.

AvalonMiner 1166 covers the chip with special thermal conductive silicone grease, which improves the thermal conductivity of the chip and reduces the thermal resistance between the heat sink and the chip. The cool function largely increases the efficiency of heat dissipation of the new machine.

Avalon is a long-time partner of TSMC, SMIC, and Samsung, so miners no longer have to worry about the delay caused by lack of capacity.

Bitcoin was trading at $11,312 intraday Tuesday, more than double its mid-March level.

As the price of Bitcoin rebounds, new players are eager to enter the mining machine manufacturing sector, while the established manufacturers are doing their best to update the technology to manufacture leading products in the market.