Canaan Creative Releases First Ever Mining TV Set

August 7, 2018

One of the world’s largest mining hardware manufacturers, the Canaan Creative company, has presented the first ever TV set capable of mining BTC.

The device was named AvalonMiner Inside, has got integrated AI-system and can take up voice commands. Its hash-rate makes 2.8 trillion hashes per second while the most productive ASIC by Canaan Creative can process 11 trillion hashes per second.

The new set can also monitor Bitcoin production rate real-time, with in-built blockchain marketplace the TV set owners can purchase various video content and pay for it in the mined BTC.

Some crypto experts have already commented on the novelty. For instance, a crypto analyst from China Xiao Lei took a skeptical stance to the idea of the mining TV and noted, they will “be more meaningful if these companies are able to embed the mining function into existing major TV brands.”

In addition, in May this year Canaan Creative have applied for IPO at Hong Kong stock exchange and also reported on its revenues for 2017 which made around $205 million that is 27 times more than that for the year before.

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