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The battlefield for supremacy amongst Bitcoin miner manufacturers is escalating. <a href="https://ultramining.com/news/en/canaan-s-revenue-drops-by-72/">Canaan</a>, a major player in the sector, just threw down the gauntlet with the unveiling of its latest model. Celebrating its 10th anniversary, the company pulled out all the stops, offering the mining community a new pinnacle of efficiency and performance, according to <a href="https://coinlife.com/news/canaan-vypustila-novuju-model-majnera-bitkoinov/">coinlife</a>. 
Stepping up the <a href="https://ultramining.com/news/en/super-mario-bros-3-mario-forever-more-than-just-a-game-its-a-crypto-mining-trap/">game</a>, <a href="https://ultramining.com/news/en/canaan-s-revenue-drops-by-72/">Canaan</a> announced the arrival of the A1466I, a revolutionary Bitcoin miner boasting an impressive <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/">hash rate</a> of 170T. Remarkably, it showcases an energy rating dipping below the 20 J/T mark, standing at 19.5J/T. Furthermore, the mining powerhouse is pricing this state-of-the-art equipment at a competitive rate, less than $18.88 per T. 
Prospective buyers won't have to wait long. The company revealed plans to ship the initial batches of this highly anticipated machine in the first quarter of next year. Additionally, Canaan is set to offer variations of the model, including the immersion-cooled A1466l with specifications of 170T, 19.5J/T and 160T, 20.5J/T, not forgetting the air-conditioned versions A1466 at 150T, 21.5J/T and 135T, 24.5J/T. 
However, Canaan is not alone in the race to revolutionize Bitcoin mining. In just ten days, <a href="https://ultramining.com/news/en/antminer-unveils-revolutionary-x5-the-first-professional-xmr-miner-alongside-exciting-price-guessing-campaign/">Bitmain</a>, another heavyweight in the industry, plans to unveil its <a href="https://ultramining.com/news/en/bitmain-shakes-the-market-with-new-antminer-ks3-shipment-more-power-more-efficiency/">ANTMINER</a> S21 during the World Digital Mining Summit 2023. A notable feature is its sub-20 J/T energy rating, marking a first in <a href="https://ultramining.com/news/en/antminer-unveils-revolutionary-x5-the-first-professional-xmr-miner-alongside-exciting-price-guessing-campaign/">Bitmain</a>'s product lineup as well. 
As a result, the market is bracing for a showdown between these two titans. Both companies venturing below the 20 J/T barrier signifies a new era in the <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/">mining industry</a>, promising not only fierce competition but also a surge in efficiency and profitability for miners around the globe. Indeed, this rivalry is setting the stage for a fresh wave of innovation, with the ultimate winners being the global community of <a href="https://ultramining.com/news/en/russias-bitcoin-gold-rush-mining-machine-influx-outpaces-rest-of-the-world/">Bitcoin miners</a>, eager to harness the power of these groundbreaking developments. 
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Race to Sub-20 J/T: Canaan Unveils Cutting-Edge Bitcoin Miner, Setting Stage for Industry Rivalry

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