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FIG · Equipment

Canaan AvalonMiner 1246

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Is the AvalonMiner 1246 profitable?

The Canaan AvalonMiner 1246 mines Bitcoin on the SHA-256 algorithm at 90 TH/s, drawing 3,420 W (38.0 J/TH). At $0.08 per kWh it earns about $3.38 a day but spends $6.57 on power, so it loses $3.19 a day. It only makes money if your power costs less than about $0.041 per kWh.

That puts it #438 of 522 on daily profit across every miner we track, and #169 of 262 SHA-256 miners on efficiency. It isn’t in stock with us at the moment. It’s an air-cooled unit, released in January 2021.

Profit at different electricity prices

Same machine, same day, different power bill. Find the row closest to what you pay.

Power pricePower / dayProfit / dayProfit / month
$0.03$2.46$0.92$28
$0.05$4.10-$0.72-$22
$0.06$4.92-$1.54-$46
$0.08$6.57-$3.19-$96
$0.10$8.21-$4.83-$145
$0.12$9.85-$6.47-$194
$0.15$12.31-$8.93-$268

Figures updated 16:26 UTC, 25 September 2026, using today’s network difficulty and coin prices. Estimates, not financial advice.