RATE Group | Chinese Firm Introduces Bitcoin-Mining TV
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Chinese Firm Introduces Bitcoin-Mining TV

Chinese Firm Introduces Bitcoin-Mining TV

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Chinese startup firm Canaan Creative is unveiling a new TV capable of mining Bitcoin while watching shows.

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The Beijing, China-based company Canaan Creative announced a plan to unveil a new television set that allows you to mine cryptocurrency while watching TV. Canaan Creative is the second largest manufacturer of Bitcoin mining rigs in the world,

According to the South China Morning Post, the new TV set would be called AvalonMiner Inside and will be equipped with a processing capability of 2.8 trillion hashes per second. In comparison, the world’s most powerful mining machine has 11 trillion hashes per second capacity.

The report said the firm launched the product after completing its application for an initial public offering in Hong Kong in May. Canaan is targeting to raise at least $1.2 billion from the IPO.

It added the Avalon TV would be powered by artificial intelligence (AI) with voice control capabilities. The new device also features a real-time calculation of Bitcoin…

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