Chinese Firm Introduces Bitcoin-Mining TV

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 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 intel…

This article appeared first on Cryptovest

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