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Is Mining Rig also a heater? Can Jia Nan Technology's home BTC Mining Rig show you how to make money?
BTCMining Rig manufacturer Canaan officially launched two latest household mining devices yesterday (8) - Avalon Mini 3 electric heater and Avalon Nano 3 upgrade Avalon Nano 3S. What are the highlights? (Synopsis: Mining Rig transforms into an electric heater!) Canaan Technology Announces the Launch of Household BTCMining Rig: Everyone is Miner) (Background supplement: Cannan|Another mining company enters Kazakhstan! Canaan Technology's local self-operated Mining Rig works, closely following Bitmain, BTC.com) BTCMining Rig manufacturer N.G. Zhang N.G. Zhang said in an interview last November that in order to promote the development and popularization of the cryptocurrency mining industry, a household-type mini mining equipment will be launched to meet household needs while meeting household needs. It can also help users participate in mining activities. Just yesterday (8), Canaan unveiled two of the latest household mining devices and electric heaters at the Consumer Electronics Show (CES) in the United States - Avalon Mini 3 (strong power and electric heating effect) and Avalon Nano 3 upgrade Avalon Nano 3S. What are the Avalon Mini 3 and Avalon Nano 3S? Avalon Mini 3 is the latest product of Market Maker launched by Canaan, and according to the official website, it has the following specifications: Household electric heater, which can realize the whole house heating in 10 minutes; The power is 800 watts; Equipped with 66 4nm Computing Power chips, Computing Power reaches 37.5TH/s; LED screen with automatic light adjustment, support for both custom pictures and animated images; Focus on practicality, while providing BTCMining, it can also maintain silent mode; Smart operation, just use the Avalon Family App to link the device, Avalon Mini 3 can be connected to the default F2Pool Mining Pool in the settings for mining, and various function adjustments can also be operated on the Avalon Family app. At present, the Avalon Mini 3 and Avalon Nano 3S are available for purchase on Canaan's official website for $899 and $249 respectively. The Avalon Nano 3S is an upgrade of Canaan's previously launched portable small heater Avalon Nano 3, Computing Power is 6Th/s, with low power consumption, easy to carry, but Computing Power is lower. How much money can Taiwanese families get back with the Avalon Mini 3? Since Mining needs to set Wallet, Mining Pool and other settings, the author speculates according to the official instructions that Canaan should have bound the F2Pool Mining Pool, and will help consumers sell the BTC they get into cash back, and Canaan's official website gives a simple calculation tool to calculate how much cash back can be obtained. Let's take a simple trial of the moving area, if we take the monthly electricity consumption of the average household falling at about 300 degrees as an example, plus the time to use the Avalon Mini 3 for 8 hours a day, the additional electricity used in a month is about 800 × 8 × 30 = 192 degrees. According to the current residential electricity cost of Taipower (Taiwan Power Company), the average monthly electricity cost of 331 – 500 kWh is about 3.61 yuan (about 0.11 US dollars), according to the calculation of Canaan's official website, the cost of running the Avalon Mini 3 like this is about 63.36 US dollars per month, and the monthly return is 61.37 US dollars, almost able to afford the electricity cost of using the equipment. However, this data also needs to consider the BTC price at the time of sale, and the BTC Mining Computing Power as a whole is also continuing to rise, and it may not continue to have such a high return over time, which needs to be further checked. Related Stories 16 Ethereum 20% Annualized Return Strategies: wstETH, Leverage weETH, AERO Mining... The Chinese market is miserable! Shanghai second-hand car dealer Cango spent 400 million magnesium to "enter the United States BTCMining", the stock price was 84% Ethiopian Power Company "18% of its revenue comes from BTCMining", low-cost hydro mining enterprise New Paradise (is Mining Rig is also an electric heater) Canaan Technology household BTCMining Rig is listed, can it be counted as making money for you? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".