Recently, the price of Bitcoin has been rising for three consecutive months, breaking through the $12,000 mark several times. Driven by the favorable market conditions of Bitcoin, the mining industry is showing clear signs of recovery. Since the flood season, the computing power of the Bitcoin network has seen a substantial increase, with the total computing power rising from 98EH/s in June to a maximum of 130EH/s, close to the historical high since last year.
The Bitcoin mining industry has rebounded, attracting a large number of new miners. But on the other hand, due to the impact of external factors such as the epidemic, floods, and policy withdrawal on mining farms in some areas, this year's flood season seems to be a bit "twisty". The computing power of the entire network is increasing, and some old models are facing elimination, making mining farm operation and maintenance more sensitive to cost control. In order to meet the configuration requirements of mining farms for high-computing power models, and to address the pain points of current machine deployment and operation and maintenance, Avalon has released a new generation model A1166Pro.
Mining in mining farms urgently needs to break through four major pain points
Mining farms are one of the signs that Bitcoin mining is moving towards industrialization. Since ASIC mining machines became mainstream, individual mining has gradually declined, large-scale mining has become a trend, and mining farms have also become the mainstream channel for individuals to join mining activities.
Although mining farms have the advantages of centralized computing power mining, they also face many challenges. The first is the cost issue that mining farms are most concerned about: electricity is the main cost of mining in mining farms. Many mining farms consume megawatt-hours of electricity for one hour of operation. The annual electricity bill alone is as high as hundreds of millions of yuan, not including other operation and maintenance costs. Therefore, mining machines that take into account both high computing power and low energy efficiency ratio account for an increasingly high proportion of mining farm computing power configuration.
The second is the long machine failure and operation and maintenance cycle, among which the more common ones are the failure of the computing board, damage to the fan and power supply, etc. Take the failure of the computing board as an example. At present, when the mining machine is running, the temperature is too high, which will cause the flux to melt and the heat sink to fall down and cause a short circuit. For example, when the mining machine encounters bumps during the logistics process, it will have an impact on the internal structure, which may damage the performance and service life of the machine. On the other hand, the maintenance cycle of mining machines is generally long, and the loss of computing power during this window period also increases the sunk cost of the mine.
The third is the delay in the delivery of mining machine supply chains. Affected by the halving, many mainstream models on the market have reached the shutdown price, the most typical of which is the Ant S9. Due to the impact of the COVID-19 pandemic, new mining machines cannot be updated on a large scale and delivery time is extended, resulting in a high vacancy rate in mining farms. In this case, mining machine manufacturers with sufficient production capacity will undoubtedly have more advantages.
The fourth is unexpected situations such as bad weather and geological disasters. Sichuan is the province with the richest hydropower resources in my country. May to October every year is the flood season in Sichuan. At that time, electricity costs were relatively low, so miners would choose to migrate mining machines to save mining costs. However, this year, the flood situation in Leshan, Aba and other areas of Sichuan was serious. The mines deployed in these areas experienced network outages, power outages, and even water and gas outages, which put forward higher requirements for mine management.
A1166Pro is a sincere work "Made in Avalon" that optimizes the mining experience
In order to help mining farms better cope with challenges from electricity costs, machine operation and maintenance, and mining farm management, Avalon officially released the new generation model A1166Pro on August 17. Compared with the previous generation, the performance is greatly optimized, with a computing power of 81TH/s and an energy efficiency ratio of 42J/T. This product has also been fully optimized in terms of body structure, fan heat dissipation, background management, and native firmware. It is the last sincere work of the Avalon A11 series.
Since the first ASIC mining machine Avalon was launched in 2013, Avalon has successively crossed 110nm, 28nm, 16nm and 7nm process technology to ensure the strong performance of the Avalon series. At the same time, Avalon explores platform product design, striving to comprehensively upgrade the mining experience from core performance indicators, product packaging, body materials, internal structure, security and customer service.
For example, in order to improve the heat dissipation of the mining machine and alleviate the pain point of the mine being too "dry", Avalon uses thermal grease of special material to evenly cover the chip, effectively improving the thermal conductivity of the chip, reducing the thermal resistance between the heat sink and the chip, and quickly transferring the heat generated by the chip during operation to the heat sink, and then quickly dissipating it through the fan to achieve the purpose of efficient heat dissipation. The thermal conductivity of traditional heat dissipation materials is 1~2W/MK, while the thermal conductivity of special heat dissipation materials is more than 30, or even hundreds, which greatly optimizes the heat dissipation performance of the machine, reduces the energy consumption of the machine, and avoids fluctuations in computing power caused by overheating of the machine.
In order to reduce the bumps of the machine during logistics transportation, Avalon uses a new packaging, and the machine inside the packaging is filled with high shock-absorbing foam on all sides. The internal structure of the machine has also been improved, and a reinforced card slot is embedded in the chassis to ensure that the whole machine is more solid and reliable.
In order to facilitate the mine operation and maintenance personnel to detect and repair the machine, the Avalon mining machine adopts a removable hashboard design. By unscrewing the two screws connected to the power supply and unplugging the main control board connection line, the hashboard can be easily extracted without disassembling the entire machine. At the same time, Avalon's professional after-sales team can also provide online guidance for the mine to help operation and maintenance personnel quickly locate and handle faults.
A1166Pro has also been optimized in terms of software, which can dynamically adapt to changes in the mining environment to ensure stable operation of the mining machine, reduce the impact on the site power grid, and extend the life of the mining machine. At the same time, the new Web management background can monitor the status of the mining machine at any time, support visual human-computer interaction, automatically remind of abnormal operation, and automatically shut down when encountering sudden failures that seriously affect computing power, reducing electricity bill losses.
More importantly, Avalon maintains stable cooperation with TSMC, SMIC and Samsung. Seven years of supply chain management ensures sufficient production capacity, and mining farms do not have to worry about delivery delays due to lack of production capacity.
On the one hand, the price of coins has regained its upward trend, and on the other hand, the market is facing more and more challenges. "Avalon Manufacturing" has always served the interests of miners, and the timely entry of A1166Pro will bring a timely rain to the majority of miners and mines, quenching everyone's thirst and reducing dryness.
Learn more: https://canaan-creative.com/products/avalonminer
