🌎 Canaan Introduces Bitcoin Mining Heaters

Bitcoin Mining Meets Home Heating: Canaan Introduces Avalon Mini 3 and Nano 3S

Canaan, a leading tech company specializing in ASIC chip design and development, has unveiled two innovative Bitcoin mining devices that also function as home heaters. The Avalon Mini 3 and Avalon Nano 3S are designed to make crypto mining more accessible and turn home heating into a byproduct of the process.

Features and Specifications

The Avalon Mini 3 boasts a hashrate of 37.5Th/s, making it a viable option for mining Bitcoin. The device is designed with a quiet and energy-efficient solution, ideal for mining newcomers and enthusiasts. On the other hand, the Avalon Nano 3S has a hashrate of 6Th/s and is an upgraded, more affordable version aimed at beginners.

The Avalon Nano 3S is small and portable, making it suitable for those who want to start mining without a big setup. Canaan founder NG Zhang emphasized the company’s goal of making Bitcoin mining “accessible to everyone,” while reimagining “how technology can create value while minimizing environmental waste.”

Pricing and Preorders

Canaan is offering a preorder deal until the end of February. The Avalon Nano 3S is priced at $249, and the Avalon Mini 3 is priced at $899 while supplies last.

A Growing Trend in Crypto Mining

This isn’t the first time mining hardware companies have tried turning crypto rigs into household devices. Companies like Heatbit and D-Central have introduced heaters that also mine cryptocurrency. While the concept is intriguing, these devices haven’t gained much traction due to high costs, noise, and crypto market volatility, keeping them in a niche market for now.

Some benefits of mining rigs that double as heaters include: