Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed

According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited. 18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s

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Canaan Enhances Avalon Miner A15 Series for Optimal Mining Performance

Canaan Inc. has unveiled an upgraded Avalon Miner A15 series, boasting improved hash rates and power efficiency to meet the growing demands of cryptocurrency mining. (Read More)

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Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners

Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations. (Read More)

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Hive Digital buys 6,500 ASICs, starts Paraguay construction

Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity.

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Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment

Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency. (Read More)

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