The Canaan AvalonMiner 741 delivers a hash rate of 7.3TH/s while consuming 1150W, making it an efficient choice for SHA-256 mining. Designed for both small-scale and professional miners, it features energy-efficient 16nm ASIC chips and a streamlined cooling system to maintain stable performance. The miner allows cascading for easy large-scale deployment while offering auto-frequency adjustments for optimized stability. Calculate your daily, monthly, or yearly profitability and electricity costs with our crypto miner profit calculator, adjusting for different electricity rates and currencies.
Information
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Manufacturer Canaan
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Model AvalonMiner A741
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Algorithm(s) SHA-256
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Hashrate 7.3TH/s
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Power 1150W
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Mined Coins
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Efficiency 157.53 J/Th
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Release Date April 2017
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Noise Level 65db
Profit Information
The Canaan AvalonMiner 741 Avalon A7 is currently mining $-1.86 profit a day. The calculations is based on $0.35 income per day from which we deducted $2.21 electricity costs. This means the AvalonMiner A741 is able to generate up to $10.44 income per month. After you would deduct the electricity price of $66.24 you will have an estimated profit of $-55.80 per month.
Hint: With our Hosting Plans you will only pay around 0.08 USD per kWh.
If the BTC price reaches $142472 you would earn estimated $-1.69 per day.
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More Information
The AvalonMiner 741 utilizes 88 custom-designed 16nm ASIC chips, optimizing performance while maintaining energy efficiency. It features an advanced cooling system with a single 120mm fan, strategically designed to direct airflow efficiently through the aluminum heat sink, reducing thermal resistance. The miner also supports cascading, allowing multiple units to be daisy-chained for easier large-scale mining operations. Its firmware includes built-in auto-frequency adjustments, dynamically optimizing hash rate stability under various conditions. Unlike many competitors, the Avalon 741 integrates a robust open-source controller, giving experienced users greater flexibility for firmware modifications and network management, making it a preferred choice for enthusiasts.
Algorithm Information: SHA-256
SHA256, part of the SHA-2 (Secure Hash Algorithm 2) family, is one of the most widely used cryptographic hash functions due to its strong security features. Its collision-resistance ensures that finding two different inputs that generate the same hash is computationally infeasible, making it an essential component for maintaining the integrity of data in cryptographic applications, particularly in blockchain technology. In Bitcoin mining, SHA256 serves as the proof-of-work (PoW) mechanism, where miners must solve complex cryptographic puzzles to validate new transactions and add blocks to the blockchain. This process involves miners repeatedly hashing block data with SHA256, modifying inputs until they find a hash that meets the required difficulty level, securing the network against attacks and preventing double-spending. The competitive nature of SHA256-based mining ensures that no single entity can easily control the network, contributing to Bitcoin's decentralized structure. Given its robust security and widespread adoption in the cryptocurrency space, SHA256 plays a crucial role in protecting the integrity of Bitcoin and other blockchain networks that employ it. Although SHA256 requires significant computational power, particularly with the rise of specialized ASIC miners, it remains an essential mechanism for ensuring the security and stability of cryptocurrencies. For miners, the use of SHA256 allows them to contribute to the network’s operation while being incentivized with block rewards. Miners can assess their profitability through our crypto miner profit calculator for SHA256, helping them optimize mining hardware and energy usage for maximum returns. Ultimately, SHA256’s reliability, security, and fundamental role in cryptocurrency mining make it a cornerstone of blockchain technology and a critical factor in digital currency systems.
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