Canaan Avalon Nano 3 Bitcoin Miner / Heater
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- Опубліковано 8 кві 2024
- In this video:
I take a look at the Canaan Avalon Nano 3 Bitcoin Miner / Heater to see if it's worth the money...is it a gimmick...a gadget...or functional appliance?
shop.canaan.io/products/avalo...
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Less than two minutes into the video and love it, Thank you for your accuracy and willingness to tell it like it is!
Can’t wait for the next episode of “Gimmick, Gadget or Appliance”😎
These work really well as a nice, gentle, desktop heater - my wife loves hers, she feels the cold and her desk is near the back-door (and our dogs want to go in and out, even when it's -40 C). As long as the BTC price holds up it should pay for itself and turn a profit over time, providing the heating for free (and who knows what the eventual BTC price might be). We also have an S17 Pro that heats the basement / reduces our natural gas usage.
I use 2 of them in France and they consume more electricity than this one brings back in BTC. These mini nano is gadgets are not profitable. It's better to invest money in BTC and let it be stacked, that will pay better, more ratability.
I ordered one a few weeks ago going run it on my solar mining rig !!
Thanks for your honest review. I think its a good way to learn how mining works before diving deep into buying really expensive equipment
which provides more heating? nano 3 or river s0 pro? can you use this as heating for your house, like 10 in 1 room?
Thank you for this video!!!
The main man is back 😊
Thank you, sir. I ordered one prior to watching this video, but your insight, explanations and observations are invaluable. It "Realigns" my expectations with reality.
Nice video. I ordered it and I do so bc I actually want to learn more about bitcoin mining.
thank you for your honesty. The last two channels I watched focusing on this product were not direct or informative regarding the relevant questions any shrewd consumer would want to know. So many of these crypto-themed channels are compromised of vapid nonsensical fluff and non-specific ambiguous yield which are supposedly possible w/ the latest Avalon Nano model.
How do I setup configuration for lottery mining ?
I never realized the environmental impact of Bitcoin mining until watching this video. The discussion on energy consumption and sustainability in mining operations shed light on an important aspect of the cryptocurrency industry that often goes unnoticed.
Can it run a solo mining? or pool mining only?
Or in my case, my 2 servers that serve backup file system. As a nose, they provide a fair amount of heat. And they don't really chew too much power
🧐🤔 Im thinking of buying 8 or 10 of these to put around the home and office and Shop. In your opinion, what would be the best way to set these up? Should I have a few lottery mining and the rest on the other mode, should i pool or Solo mine? Also should I run these on high or medium for longevity of the device? Im just looking for tips or advice on the best way to run these?
I calculated if you use this in solomining mode on bitcoin cash you have about 1 in 1000 chance each day to hit a block and that's 1500$ or so
Please do a video on the BitChimney Space Heater thanks
Can u change the settings and mine in Unmineable?
i have free electricity at home how much can i expect if i mine bitcoin with this? and does faster internet mean more coins? how fast internet is required/best for using this?
I ordered one even though i realized it likely won’t pay for itself (abt 12 years at current specs) but I am now researching more elaborate devices, so it was the gateway drug of mining. That’s it worth something. I haven’t actually received it as yet…but am interested in the subject now. Also, as a gift or for a teenager, the price to acquire is zero, and mom and pop can absorb the electric bill. lol. Btw; my electric is cheap, but in the time it would take to break even, i am certain the rates will rise.
The best use of these low TH devices are solo mining in hopes of hitting a block. They won’t ever be profitable pool mining, but the odds of hitting a block, as astronomical, as they are, are still better than playing the lottery.
I wonder how it compares to buying a used dual CPU rack server and mining earnhoney or whatever with it. That said, the most profitable mining I did was a cluster of 7 cheap smartphones and old tablets mining Rewardable, it would make $200/month back when the difficulty was low. (Worthless for heating, but on the flip side, its mere 15W or so power consumption can essentially be ignored for profit calculation.)
i connected to wifi and i see everything from my laptop but it has no internet, tested on multiple wifi... i dont know what to do, there is no firmware upgrade from what i can see.
So you dont need a computer to be connected, just need a smartphone, right?
nice video thank you
The fans bearings sounds busted on the high settings
how do you withdrawal bitcoin after get 0.07 btc on it
Seems like that power supply needs a fan itself to exhaust the heat 👍
Braiins offers lightning now.
I love it)❤
niiiice
Hello from France,
I just saw a video (great) which cryptos we can mine with apart from bitcoin. Is there a website that explains it? Thank's
Any SHA256 coins
Want a more efficient heater use a heat pump......
$81 extra to ship, keep it.
Bad outlook. I see it as Investing in a miner is a liability initially, but if it manages to cover its costs daily, it represents a one-time investment with the potential for future profit. In contrast, buying a house involves a decades of liability, mortgage, debt, with the bank retaining ownership until fully paid. While a house is traditionally viewed as a valuable asset due to its appreciating value over time, it also entails ongoing expenses. The miner has the potential to cost nothing and profit even if it's in 10 years time.
You’re literally using your Bitaxe wrong. You should be lottery mining for a solo block instead of trickling out pennies.
🧐🤔 Im thinking of buying 8 or 10 of these to put around the home and office and Shop. In your opinion, what would be the best way to set these up? Should I have a few lottery mining and the rest on the other mode, should i pool or Solo mine? Also should I run these on high or medium for longevity of the device? Im just looking for tips or advice on the best way to run these?
To bad you can’t actually get one right now
: )
Don't waste your money people.
But you'd need to run it for a year and make like $50 ..so whats the point?
If what ive read about this is true its only 30 cents a day profit, thats trash, not even worth screwing around with, besides heating up your house has got to be horrible in summer. And then you got electric costs, i dont see any upside to this besides a lottery chance. Six month to withdrawl because a minimum to with draw lol. This is a toy i wont be buying
Heatbit the worst purchase ever.
Mining bitcoin has not been profitable for nearly a decade.
If it wasn’t profitable the entire chain would stop. 😂
@@MyLibertyTV Their are huge mining farms in China where the electricity is free they are doing the mining.
The single little mining rig you buy won't do anything in comparison. You spend more on energy than you will ever make.
I know from experience.
If your power is free it will still take maybe years to pay off the mining rig. The little ones don't do much at all.
Bitcoin is the most profitable to mine. Dogecoin is no.2. Kaspa is no.3. Do your research
LOL 0.11 kwh price
You can only do this in these secondary countries, like India, China, Pakistan, Ruzzia, USA and certain parts of Africa where the energy prices are low and the society has no problems in polluting left & right in the sad belief that richer old countries with high morals fx in Scandinavia will fix the worlds polluting problems.
Here in the West, where a good part of the energy comes from sustainable energy with heavy taxes.. this wasting electricity/energy for coins (mining) simply ain't viable.
Fx Denmark that year after year sets new world-record in "green" energy and like +50% of the consumption is wind and 80% of the capital.. the energy prices are extremely high.
Average electricity prices in the US are 10 to 15 cents pr 1 kwh...
Denmark 55 cent pr 1kwh 2024 and they are even making their own energy, and don't import it from horror regimes., but when the electricity pr kwh is many many times more expensive, than fx USA and other mining competitors it changes the margins quite a bit, to the point that it doesn't make sense to burn electricity for coins and that's a shame as if any energy could be burn for coins, it should be the sustainable green-kind that doesn't have such a heavy polluting footprint.
The cost of your electricity definitely matters when doing the math on things like this. We're quite fortunate - we pay $0.063 CAD per kwh, about $0.045 USD.
It seems like it is $99 for a device that isn't going to make any money back.
Can it run a solo mining? or pool mining only?
Both