Bitcoin mining giant Canaan joins forces with blockchain ...

Hi, I'm Ngzhang, founder of Avalon Project, a senior BTCer in China , AMA!!

I am Ngzhang, the founder of Avalon Project and the CEO of Canaan Creative Co. Avalon project released the world's first Bitcoin Mining ASIC chip(A3256) and Machine(Avalon1), and spread mining machines to the community. I regrouped the team in Beijing and found the company -- Canaan Creative in Sep 2013 and begun to take full responsibility of the Avalon Project. Up to now, we are still making efforts in the area of Bitcoin, especially Bitcoin mining.
BTC belong to the whole world, but for some reasons, China seems like a mystery in the eyes of Westerners and there are seldom any news about BTC in China compared to the vast news in US and EU. As a senior BTCer in China, I am here to provide more information about China Bitcoin according to what I have learned in recent years.
I will answer your questions based on truth. I will truthfully answer any questions here.
Proof as belowed,
https://bitcointalk.org/index.php?topic=1018675.new#new
http://www.canaan-creative.com/avalon-project-ceo-scheduled-for-a-reddit-ama/
https://ehash.com/canaan-creativeavalon-project-ceo-scheduled-for-a-reddit-ama/
EDIT:
Great time with you in this AMA. Hope you all have got the info you need. For more information about BTC and China, please feel free to continue posting here or contact us by email: [email protected]
submitted by AvalonBTC to IAmA [link] [comments]

We are miners: There is a legend whose name is derived from King Arthur, meaning the world of bliss

We are miners: There is a legend whose name is derived from King Arthur, meaning the world of bliss
We are an old leek, old miner! Being cut one after another, filling one by one, this thing is very fun, we are still playing.

From 2013 the present, the crypto mining circle is full of stories. Do you remember the butterfly mining machine that was pre-ordered a year later? Remember that the ASICMiner (friedcat) accounted for one-third of the world's hash rate in the BTCGuild mining pool?

In the interviewing ngzhang (Zhang Nangeng, the founder of Avalon) by Cybtc.com, he said,

"Avalon's name is derived from the legend of King Arthur, meaning the world of bliss."

Zhao Dong mentioned in the interview by Cybtc.com,

"I am not selling the house for the sake of speculation. I watched the property market, so I sold the house. I just touched Bitcoin, so I played Bitcoin. If I think that I am selling the house for the sake of speculation, it is a big misunderstanding."

On the 2013 Singles Day (Double eleven day), Bitmain announced that "55nm mining chip test was successful, power consumption is as low as 0.68w/gh/s, the upcoming spot ant mining machine".

2015 Antminer with you and me New Year's Eve - Essays waiting for you! \"Ant and me: my encounter with the antminer machine\" creative painting of beauty fendy.

In an interview with zhanketuan, the CEO of Bitmain always said,

"Doing things well every day is our plan."

Dream

The southwestern border of China is also known as Yunnan, also known as the south of the colorful clouds. The name of Cybtc.com, Colorful Yunnan Bitcoin" comes from here. There is beautiful scenery here, the climate of the four seasons like spring, the blue sky, the white clouds, there is abundant hydropower here. Resources. Every digital currency miner is profitable, but when you are in the arms of nature, watching a mining machine creak and calculating bitcoin transactions from around the world. This feeling is somewhat wonderful. The combination of high-tech and primitive nature will make you forget the difficulty of life, forget the pressure of work, and the feeling of magic and coziness is born. Feel like you don't want to leave, as Lijiang or Dali. In this deep valley, building a small house. The family is enjoying themselves in this pure nature. Sleeping early every day, sleeping until you wake up naturally. Soaking a pot of Pu'er tea, watching the river in front of you, let it be sinister in the world, all thrown into the brain Rear.

On the mining road: the rising sun shines above the sea of clouds.

On the mine road: enter the cloud, a pool of Jasper into the eye.

On the mine road: the lake and the autumn moon are two phases, and the windless mirror on the surface of the pond is not worn.

"Looking at the Dongting Mountains and Waters, a Green Snail in a Silver Plate" - "Wang Dongting" Tang Liu Yuxi
. . . . . . . . .

Reality

Brothers can wake up, it is a dream. The days of miners are actually very hard, Yunnan's highways and mountains are more curved. Every day, going to the mine to drive a mountain road for 10 hours is a common practice. You can see the piles of landslides everywhere. On the road beside the cliff, loneliness and loneliness hit the heart.

On the mine road: the altitude changes, the road surface is slippery.

I hope that the days of the miners will be better every day!

Recently, Miners of Cybtc 2019 New Year One-Stop Group Mining have all been put on the shelves. Bitcoin has been like this river, rolling forward. Come on, let the bear market come even more fierce!

https://preview.redd.it/u4wm4kcdrxa21.jpg?width=1280&format=pjpg&auto=webp&s=7fc62840e647f1a0ee3cca9cc08e095e809534f6

Pictures of the mine.

The mining machine has just put on the frame.

Mine curtain temperature has been checked not more than 12 degrees.

Mine air inlet temperature.

Mine air outlet temperature.

Ventilator.

Mine dedicated transformers.
English:www.cybtc.org
Twitter: https://twitter.com/Cybtc
Telegram: https://t.me/joinchat/LgPYnE1vPpXqYDVpPaQyxw
Discord: https://discord.gg/RfCZMNY
submitted by cybtc to BitcoinMining [link] [comments]

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At that time, bitcoin was still the era of GPU mining — in the bitcoin world, the miners with higher computing power, the more bitcoin they mine. To this end, Zhang Nan Geng, who has a professional background in circuit design, designed the world’s first FPGA mining machine. Subsequently, Zhang Nan Geng used the ID of “ngzhang” to promote his FPGA mining machine in the Bitcoin forum ... When the news was released, Zhang Nangeng had sensed the hidden danger: if it was successfully developed, Butterfly Lab would control over 51% hashrate of the bitcoin world, which meant it could tamper the bitcoin blocks with complete right of control. As a result, Zhang Nangeng decided to develop ASIC miner by himself and sold them to other users against the possible monopoly. When being ... BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry. Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin, altcoins, blockchain ... N. G. Zhang founded Canaan, Inc. and Canaan Creative Co., Ltd. Presently, he is Chairman & Chief Executive Officer for Canaan, Inc. and Chief Executive Officer at Canaan Creative Co., Ltd. Dr. Zhang received an undergraduate degree, a graduate degree and a doctorate from Beihang University. Bitcoin mining might seem like a pointless exercise in solving zeros and ones, but it is the first industry to develop 7nm chips, beating governments and giant corporations in the process. To tell their story, what follows is an astonishing Chinese article that has been very roughly translated from Chinese with little modification. It tells the story of the bitcoin mining industry in China ...

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