China's AvalonMiner Inside has launched Canaan Creative, the world's first TV that can mine bitcoin, with a capacity of 2.8 trillion hashes per second. Canaan said the TV uses artificial intelligence and can calculate bitcoin profitability in real time, while digital currency earned can be spent on its platform. Canaan, the second second-biggest maker of bitcoin mining rigs, launched an initial public in Hong Kong offering in May, aiming to raise up to $1bn. Its larger rival, Bitmain, is also seeking a Hong Kong listing at a valuation of $12bn. Critics are sceptical about the TV's real-world usability.
China's Canaan Creative has launched AvalonMiner Inside, the world's first TV that can mine bitcoin, with a capacity of 2.8 trillion hashes per second. Canaan said the TV uses artificial intelligence and can calculate bitcoin profitability in real time, while digital currency earned can be spent on its platform. Canaan, the second second-biggest maker of bitcoin mining rigs, launched an initial public in Hong Kong offering in May, aiming to raise up to $1bn. Its larger rival, Bitmain, is also seeking a Hong Kong listing at a valuation of $12bn. Critics are sceptical about the TV's real-world usability.