Canaan Avalon Nano 3S: Profitability, Specifications, and Environmental Impact

·

Introduction

The Canaan Avalon Nano 3S is a compact ASIC miner designed for SHA-256 algorithm mining, offering a hashrate of 6TH/s at a power consumption of 140W. This guide explores its profitability, technical specifications, and environmental footprint, providing actionable insights for miners.


Key Features


Profitability Analysis

Below is a breakdown of daily, weekly, monthly, and yearly profitability at $0.10 per kWh:

| Period | Income | Cost | Profit |
|--------------|--------|-------|--------|
| Day | $0.32 | $0.30 | $0.02 |
| Week | $2.24 | $2.10 | $0.14 |
| Month | $9.60 | $9.00 | $0.60 |
| Year | $116.80| $109.50| $7.30 |

👉 Note: Profitability fluctuates based on electricity costs and Bitcoin’s market price. For real-time updates, check this mining calculator.


Technical Specifications

Performance Metrics

| Metric | Value |
|-------------|---------------|
| Hashrate | 6TH/s ±5% |
| Power | 140W ±10% |
| Efficiency | 0.02 J/GH |

Algorithms Supported

| Algorithm | Hashrate | Power | Efficiency |
|-----------|----------|-------|------------|
| SHA-256 | 6TH/s | 140W | 0.02 J/GH |


Environmental Impact

The carbon footprint of the Avalon Nano 3S varies by energy source:

| Energy Source | CO2e (kg/year) |
|----------------|----------------|
| Wind | 13 |
| Nuclear | 14 |
| Solar | 54 |
| Coal | 991 |

Disclaimer: Figures are estimates; actual emissions depend on local energy mix and mining setup.


FAQs

1. Is the Avalon Nano 3S profitable in 2024?

Yes, but marginally. Profitability hinges on low electricity costs (<$0.08/kWh) and BTC price stability.

2. What’s the break-even period?

Approximately 18–24 months, assuming consistent mining conditions.

3. How does it compare to other ASIC miners?

The Nano 3S is energy-efficient but outperformed by high-TH/s models like the Antminer S19 series.

👉 Pro Tip: For optimal ROI, consider joining a mining pool to combine resources.


Conclusion

The Canaan Avalon Nano 3S suits small-scale miners prioritizing low power consumption over high hashrates. While profitability is modest, its eco-friendly potential (with renewable energy) makes it a viable option for sustainable mining.

Final Reminder: Mining involves risks—always assess market conditions and energy costs before investing.