According to Deep Tide TechFlow news on November 18, as reported by Cointelegraph, Canaan's (嘉楠科技) founder and CEO N.G. Zhang recently revealed in an interview that the company plans to launch a Mini series of home mining machines by the end of this year, with a maximum power of about 800W, using the latest chips, and a maximum hash rate of up to 40T, while also featuring heating functions.

Zhang stated that the shipment of the Avalon Nano3 series home mining machines released by the company last quarter has exceeded 10,000 units. He believes that in the future, home mining products are expected to account for 20% of the overall mining market, which will greatly enhance the security of the Bitcoin network.

Looking back over the past decade, Zhang pointed out that from the first generation Avalon miner with a hash rate of 66Ghs and a power consumption of 700W, to the 15th generation A1566 with a hash rate of over 200,000 Ghs and a power consumption of 3600W, the performance of mining machines has improved by about 3000 times, and energy efficiency has increased by nearly 600 times. Currently, the A1566 miner has achieved 210THs of hash rate, with some high-end models achieving energy efficiency below 17J/TH.