Canaan, a company specializing in manufacturing Bitcoin miners, has unveiled two innovative devices – the Avalon Mini 3 and Nano 3S. These unique rigs not only mine cryptocurrency but also function as household heaters.
Canaan, a technology firm recognized for its expertise in ASIC chip engineering, is attempting a new venture similar to what other mining corporations have explored – creating Bitcoin (BTC) mining equipment that also functions as heating systems.
At the Consumer Electronics Show held in Las Vegas, Canaan unveiled two new Bitcoin mining machines: the Avalon Mini 3 and Avalon Nano 3S. These devices are engineered to make cryptocurrency mining more feasible for a wider audience and to facilitate home heating as an incidental outcome of the mining process, according to a press statement issued on January 8th.
The compact Avalon Mini 3 model boasts a hashrate of 37.5 Thousand Hashes per Second (Th/s) and is designed primarily for Bitcoin mining, while simultaneously generating heat that can be utilized for home heating purposes. Canaan, the manufacturer, highlights its “whisper-quiet construction” and “energy-efficient mining solution ideal for both new miners and enthusiasts.
The Avalon Nano 3S, boasting a hashrate of 6 Th/s, represents an enhanced, budget-friendly model designed primarily for beginners in cryptocurrency mining. Its compact and portable design makes it an ideal choice for individuals seeking to start mining without investing in a large setup, as claimed by the company.
According to Canaan’s founder, NG Zhang, the primary aim for their latest devices is to make Bitcoin mining an option available to all, emphasizing that they are working on figuring out how technology can generate value without causing unnecessary environmental harm. Until the end of February, Canaan is offering a pre-order deal for two devices: The Avalon Nano 3S, priced at $249, and the Avalon Mini 3, priced at $899 (while stocks last).
Previously, mining hardware firms have attempted to transform crypto mining rigs into everyday household appliances, an idea pioneered by companies such as Heatbit and D-Central with their heating systems that simultaneously mine cryptocurrency. Despite the intrigue surrounding this idea, it seems these devices haven’t become popular yet because of high costs, noise levels, and volatile crypto markets, relegating them to a specialized market for the time being.
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2025-01-08 12:10