Source: Yahoo

Canaan: Canaan unveils Avalon Q bitcoin mining machine at Mining Disrupt

https://www.tipranks.com/news/the-fly/canaan-unveils-avalon-q-bitcoin-mining-machine-at-mining-disrupt In This Article: CAN Canaan ( CAN ) introduces Avalon Q, a professional-grade bitcoin mining machine specifically designed for home users. The company said, "This breakthrough product combines institutional-level computing power with household power compatibility and whisper-quiet operation, making professional Bitcoin mining accessible to everyday enthusiasts. The Avalon Q offers up to 90 TH/s hash power with adjustable consumption, making it adaptable to standard home electrical systems. This flexibility allows home miners to optimize their operation based on electricity costs and mining profitability. The Avalon Q is also the first professional-grade Bitcoin miner to support 110V home power worldwide." The Avalon Q is available for preorder at select cryptocurrency mining equipment retailers worldwide. During the preorder period till the end of April, the price for Avalon Q is $1599, while supplies last. Light Up your Portfolio with Spark: Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on CAN: Disclaimer & Disclosure Report an Issue Canaan's Strategic Growth and Innovation Drive 'Buy' Rating with $3 Target Canaan Inc. Reports Strong 2024 Financial Performance Options Volatility and Implied Earnings Moves Today, March 26, 2025 Mawson Infrastructure execute new customer agreement with Canaan Canaan Inc. Reports Strong Q4 2024 Financial Results with Record Computing Power Sales

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Annual Revenue
$100-500M
Employees
250-500
Nangeng Zhang's photo - Chairman & CEO of Canaan

Chairman & CEO

Nangeng Zhang

CEO Approval Rating

89/100

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