Avalon ASICs

Bitcoin Miner Canaan Raises $43 Million for Blockchain, AI Push

China-based Canaan Creative has raised $43m in a Series A round – the largest ever for a bitcoin mining business.

Tech  ·  10 May 2017

Bitcoin Hardware Maker Canaan Calls for Mining Industry Changes

One of the industry's largest mining chip manufacturers is weighing in on new controversy surrounding how miners engage with the network.

Tech  ·  6 April 2017
Bitcoin

New Details Emerge on Bitcoin Firm Avalon’s $466 Million Pending Sale

New details have emerged about the pending sale of Canaan Creative, the company that sells the Avalon series of bitcoin mining chips.

Business  ·  9 June 2016
Bitcoin

Maker of First Bitcoin Mining ASIC Acquired in What Could Be Industry’s Largest Sale

The China-based company behind the first bitcoin mining ASIC has been acquired.

Business  ·  8 June 2016
Bitcoin

Avalon ASIC’s 40nm Chip to Bring Hashing Boost for Less Power

Every bitcoin miner wants faster hashing at low power, and that's just what Avalon's new 40nm chip should deliver.

Tech  ·  14 March 2014
Exchanges

Tradehill open to holding more auctions as it grapples with regulation

Bitcoin exchange Tradehill is open to holding more mining equipment auctions after its success with first-generation Avalon ASIC units.

Business  ·  21 October 2013
Bitcoin

TerraHash shuts down, bitcoin miners upset with 50% refund

Bitcoin miner manufacturer TerraHash has told Bitcointalk forum members that it is shuttering its doors. Customers are angry.

Tech  ·  27 September 2013
Bitcoin

Avalon’s ASIC customers offered bitcoin refunds due to delivery delays

Avalon ASIC has retracted its no-refunds policy after announcing delayed delivery of its chips.

Business  ·  2 September 2013
Bitcoin

New company Krater offers rigs built with Avalon ASICs either from its stock or yours

Krater is offering a clone of the Avalon ASIC mining rig that contains up to 320 chips.

Business  ·  11 July 2013
Bitcoin

Bitcoin ASIC builder Terrahash changes refund policy and refuses customer

Terrahash has changed its refund policy. The company's FAQ has been updated to say that all orders are final.

Tech  ·  10 July 2013
Bitcoin

TerraHash opens ASIC mining preorders, loses business

ASIC mining firm TerraHash is taking preorders on its site to fund more chip purchases from Avalon. The firm lost its biggest contract earlier this month.

Tech  ·  19 June 2013
Bitcoin

Avalon accused of mining with customer ASICs

Avalon, a maker of bitcoin ASICs, has been accused, on the Bitcoin Forum, of mining with its products to mine BTC before shipping to customers

Business  ·  17 June 2013