The AvalonMiner 1046 is a 16nm ASIC SHA-256 algorithm miner from Canaan with a maximum hashrate of 37Th/s and power consumption of 2380W. It has a hashing efficiency of 0.01555 TH/J.
|Avalon is a brand and product line from Canaan Creative offering the same name for both bitcoin mining machines and semiconductor chips. Zhang Ng, also known as “ngzhang,” originally created the project.
The Avalon Project successfully developed the world’s first dedicated ASIC chip for bitcoin mining, the Avalon1 A3256, by January 2013. A month later, Avalon announced that it was using the Avalon1 A3256 chip, the Avalon1 3module. The Avalon1 had the equivalent calculating power of the SHA-256 algorithm as the most powerful graphics card at the time, AMD’s HD5970 testing showed that the chip was 110 times more powerful than the previous calculating power of FPGA.