Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Technology

Canaan’s top-priced model, according to its website, is the “February batch” of the AvalonMiner A1166-68T machine for $1,978, providing 68 terahashes per second at an efficiency of 47 joules per terahash. In this case, a higher efficiency rating is worse, because it indicates more power usage and thus a higher operating cost.  

Products You May Like

Articles You May Like

With or without loan forgiveness, fewer students are enrolling in college, questioning the return on investment
Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
Bitcoin tops $40K for first time in 19 months, Matrixport tips $125K in 2024
Notable investor says ‘the top of growth stocks is coming.’ Here is where he sees opportunity
‘The great wealth transfer’ is here: Billionaires set to transfer trillions to their kids

Leave a Reply

Your email address will not be published. Required fields are marked *