In this episode , Zhibing (Tony) Li, the Vice President of Canaan Inc., provided insights into the company's mission and roadmap for developing innovative Bitcoin mining solutions.

Canaan, a leading manufacturer of ASIC miners, is focused on transforming the future of Bitcoin mining through improved energy efficiency and environmental sustainability. As Li explained, the company's goal is to not only optimize the performance of its mining hardware, but also find ways to better utilize the byproduct heat generated by the mining rigs.

"Our mission is about smart efficiency and better lives," Li stated. "We want to see Bitcoin miners become almost 95% heaters, where the majority of the electricity consumed is converted into usable heat that can be repurposed."

To achieve this, Canaan is exploring innovative cooling solutions that capture the heat from its miners and redirect it for applications like greenhouse heating, room heating, and even swimming pool heating. The company is also working with customers who leverage renewable energy sources like solar to power their mining operations.

In terms of hardware roadmap, Li highlighted Canaan's recent releases of the A13, A14, and A15 miners, each iteration boasting improved power efficiency. The latest A15 model, for example, achieves a power draw below 20 joules per terahash, a significant improvement over previous generations.

Looking ahead, Canaan is committed to continued research and development to push the boundaries of mining efficiency and sustainability. By transforming the energy-intensive nature of Bitcoin mining, the company aims to not only benefit its customers, but also contribute to a greener, more environmentally-conscious crypto ecosystem.

Known only as Leonidas, today's guest co-founded Ord.io, a platform that explores Bitcoin ordinals, and hosts TheOrdinalShow, where he discusses Ordinals and Runes. Additionally, he is a major voice for $DOG, a meme token based on the Runes protocol.

UpRock is a groundbreaking platform that merges blockchain and AI, allowing users to monetize their unused internet bandwidth. With a focus on democratizing data access and fostering an open AI ecosystem, UpRock is at the forefront of the digital revolution.

The co-founders of UpRock, Jesse Adams (CEO) and Chris O’Connell (CTO), recently joined the Bitcoin.com News Podcast to talk about the project.

The UpRock co-founders are seasoned serial entrepreneurs with a notable track record in the tech industry, boasting two successful exits. They co-founded Tenta, a privacy-centric mobile browser featuring a built-in VPN and total data encryption, which garnered attention from Forbes, NPR, ZDNet, Geekwire, and more, and was acquired by the publicly traded cybersecurity company Avast. They also launched MiKandi, a third-party app store with over 15 million users, highlighted in major media outlets like WIRED, Parts Unknown, Huffington Post, Vice, and HBO, which was later acquired by a private entity. Additionally, they co-founded BitBase, a premier validator and infrastructure provider that specializes in high-performance, globally distributed servers using top-tier NVMe and high RAM nodes, offering professional node deployment and management services for multiple blockchains.

To learn more visit UpRock.com, and follow the team on X.