Who They Are
Long-running Bitcoin ASIC manufacturer with the Avalon line, seen in both farm and smaller setups.
What They Typically Make
This manufacturer specializes in algorithms such as SHA-256.
Best Suited For
Products from Canaan are often used in the following markets:
- Industrial Farms – Industrial farms refer to large-scale mining facilities with many ASIC miners running in dedicated spaces. They rely on robust electrical and cooling infrastructure.
- Beginners – Beginners are new to crypto mining and often seek straightforward setups and clearer guidance. They typically start with smaller, more manageable miners.
Common Tradeoffs
- Noise and heat in typical models
- Model availability varies by region and reseller
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