Since I couldn't find any thread with the keyword 'Avalon Nano 3' here, I decided to create one from scratch.
There is this post in the Marketplace section by the user
Canaan Online Shop:
https://bitcointalksearch.org/topic/avalon-nano-3-is-on-a-big-sale-5480362Official product page:
https://shop.canaan.io/products/avalon-nano-3Hashrate: 4TH/sEfficiency: 29J/THPrice: ~100$ USDPower consumption: max. 140W
This brings it on par in terms of efficiency with devices like the Avalon A1346 (see reference table below) and has a really decent hashrate (enough to get paid out from a pool in a reasonable timeframe), while just costing you about $100 USD (plus PSU).
Here's a non-exhaustive overview
[lower is better] of some popular industrial miners' efficiency over the years / generations. It's important to take into account that it is an extremely difficult process to get your hands on bare ASIC chips in the first place and reverse-engineer them in order to get them running in your own product. Home miners have always been 'lagging behind' in this regard, since none of the companies building them, develop or manufacture their own chips.
- ~100W/TH Bitmain S9
- ~80W/TH Futurebit Apollo BTC
- ~50W/TH Bitmain S17
- ~50W/TH Termius R909
- ~35W/TH Bitmain S19 / Whatsminer M30S+
- ~30W/TH: Canaan Avalon A1346 / Whatsminer M50 / M53 / M56
- ~25W/TH: Canaan Avalon A1366 / A1446 / Bitmain S19k Pro
- ~20W/TH: Canaan Avalon A1466 / Bitmain S19XP / Whatsminer M60 / M63 / M66 / Bitmain T21
- <20W/TH: WhatsMiner M60S / M63S / M66S / Bitmain S21
It looks like the chassis is designed to be used as a space heater replacement, which I think is a brilliant idea. Reusing heat from home mining has always been something people do to fight the lower efficiency found in these micro-miners, compared to buying the latest and greatest industrial ASIC. However, this is the first time I see something that ticks all of the following boxes.
- Created by a 'big ASIC maker', i.e. access to more recent ASIC chips with higher efficiency
- Designed to be used for heating out-of-the-box (no modifications needed)
- Extremely affordable
- Decent hashrate
To put things into context: a couple years ago, $250 got you a USB stick miner, and now we're getting a whole 'finished product' kind of device for half the price. I think it's clear that I'm really excited to get this one into my hands.
What are your guys' thoughts on this?
Downsides I see right now:
- Apparently fixed to Braiins pool
- Remote control over the device = privacy nightmare?
- Closed source / limited control over the machine compared to something that runs off cgminer