On its 10th anniversary, Canaan has announced the official release of its A14 series mining models at the Avalon Bitcoin & Crypto Day (ABCD) conference. The series includes both immersed liquid-cooled and air-cooled options, with the A1466I model offering a hash rate of 170TH/s and an energy efficiency ratio of 19.5J/T. The launch of the A1466I places the company among the leading players that are advancing Bitcoin mining into the 1X J/T era.
The Industry’s First Liquid Immersion Cooled 1X J/T Miner
As the pioneer in the development of industrial-grade liquid-immersed mining machines, Canaan has been undertaking R&D since 2021, the A1644I is a culmination of Canaan’s innovation in this space, making it the first immersion liquid-cooled miner in the age of 1X J/T miners.
With the continued evolution of the mining landscape, there is a pressing need for hardware that is not just efficient but also resilient against various operational and environmental challenges – especially prevalent in regions with depressed electricity prices. At the same time, in regions such as North America with a high concentration of hash power, fund managers and traditional financial institutions are showing strong interest in mining, potentially providing significant capital infusion for mining infrastructure upgrades.
Against this backdrop, Canaan also launched an integrated deployment solution for both immersion liquid-cooled and air-cooled models. The solution makes full use of the benefits of containerisation – full integration, easy deployment and great mobility, along with power distribution modules, fans and water curtains installed within the container solution can significantly shorten the deployment cycle of mining facilities.
Creating Value with One-Stop Mining Experience
“You need, we have,” said Davis Hui, Vice President of Canaan. Davis also added that Canaan is focused on its overall strategy of providing customers with a one-stop Bitcoin mining experience. Besides a comprehensive product strategy that covers mining machines to integrated solutions, Canaan is also working with customers across the entire value chain, including product discovery, learning, trial and after-sales support.
Key Account (KA) customers will benefit from a suite of exclusive perks including the best computational power prices, exclusive services, custom solutions, price protection, and maximized operational uptime. New KAs will also receive free prototype trials and special purchase incentives while existing KAs can enjoy trade-in options, extended warranties, and free on-site diagnostics.
During the conference, Canaan also outlined its new ecosystem strategy, which includes a three-tier partnership program. The program categorizes partners as Exclusive Dealers, Advanced Certified Partners, and Certified Partners. As the Bitcoin mining industry enters a phase of growth, Canaan aims to collaborate closely with all types of partners to address customer needs and contribute to industry development more effectively.