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XRP’s Breakout Above Key Resistance Signals Potential for Bullish Rally Towards $3.00

XRP is poised for a potential bullish rally after a significant breakout above key resistance levels, signaling a shift in market momentum. Following weeks of consolidation, XRP’s breakout above the CoinOtag

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Canaan Launches Dual-Purpose Bitcoin Mining Device That Heats Homes

Bitcoin ASIC manufacturer Canaan announced the launch of its latest products, the Avalon Mini 3 and Nano 3S, at CES 2025 in Las Vegas. These Bitcoin mining devices aim to simplify cryptocurrency mining for individuals while incorporating unique dual-purpose functionality. According to the official press release , the Avalon Mini 3 combines high-performance Bitcoin mining with home heating, boasting a hash rate of 37.5Th/s and a user-friendly app-controlled interface. Meanwhile, the Avalon Nano 3S is an upgraded version of the popular Nano 3 which features a hash rate of 6Th/s and is being marketed as a beginner-friendly entry point into Bitcoin mining . Key advantages of the products include a plug-and-play setup for ease of use and a focus on energy efficiency. The Avalon Mini 3 addresses environmental concerns by recycling computational energy into home heating, allowing users to offset energy costs while minimizing waste. Canaan CEO NG Zhang spoke about the company’s vision of combining practicality with sustainability and added, “The Avalon Mini 3 and Avalon 3S represent our vision of user-friendly, practical mining solutions for the modern individual. We’re reimagining how technology can create value while minimizing environmental waste. The Avalon Mini 3’s ability to generate cryptocurrency while heating your home is a perfect example of our vision for sustainable, multi-purpose technology.”​​​​​​​ Transforming cryptocurrency mining rigs into household devices is not a new concept. Back in 2017, Avi Aisenberg, who operated South Florida Distillers in Fort Lauderdale, Florida, created a heating system that used ASIC miners to mine crypto while accelerating the rum-distillation process. In 2018, the French start-up Qarnot introduced the QC-1, a heater designed specifically for cryptocurrency mining. More recently, companies like Heatbit and D-Central have entered the market with products that combine heating capabilities with crypto mining. The post Canaan Launches Dual-Purpose Bitcoin Mining Device That Heats Homes appeared first on CryptoPotato . CoinOtag