Canaan Avalon Nano 3 Bitcoin Miner / Heater

Рет қаралды 12,291

Ай бұрын

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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Пікірлер: 61

@rhotau3325 21 күн бұрын

Less than two minutes into the video and love it, Thank you for your accuracy and willingness to tell it like it is!

@ruftime Ай бұрын

Can’t wait for the next episode of “Gimmick, Gadget or Appliance”😎

@CaptainCodeman Ай бұрын

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.

@texmex3343 Ай бұрын

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.

@alexcamarda1476 Ай бұрын

Thanks for your honest review. I think its a good way to learn how mining works before diving deep into buying really expensive equipment

@reeftheseaforever Ай бұрын

I ordered one a few weeks ago going run it on my solar mining rig !!

@blackInvestmentsmatter Ай бұрын

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.

@HenryAkanno Ай бұрын

Nice video. I ordered it and I do so bc I actually want to learn more about bitcoin mining.

@cryptocollector10 17 күн бұрын

which provides more heating? nano 3 or river s0 pro? can you use this as heating for your house, like 10 in 1 room?

@genkicloud Ай бұрын

The main man is back 😊

@johnkronos6435 Ай бұрын

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.

@sicryptominer Ай бұрын

Thank you for this video!!!

@justh0dl Ай бұрын

Braiins offers lightning now.

@hellhound-si5oz Ай бұрын

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

@netwarecracks7780 27 күн бұрын

Please do a video on the BitChimney Space Heater thanks

@MartyGold Ай бұрын

🧐🤔 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?

@Chris-zu4es Ай бұрын

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

@penguin.tempur 24 күн бұрын

Can it run a solo mining? or pool mining only?

@NiHaoMike64 Ай бұрын

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.)

@BeachbumfromBrick Ай бұрын

How do I setup configuration for lottery mining ?

@Chris-zu4es Ай бұрын

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?

@BTC_Private_Key_Generator Ай бұрын

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.

@silverpc4611 15 сағат бұрын

What does it mine? Bitcoin directly or something else.

@take5th Ай бұрын

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.

@MyLibertyTV Ай бұрын

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.

@georgeries 10 күн бұрын

nice video thank you

@coniferousbug2395 11 күн бұрын

Can u change the settings and mine in Unmineable?

@TurtleFootMining Ай бұрын

Seems like that power supply needs a fan itself to exhaust the heat 👍

@nikvret9544 8 күн бұрын

So you dont need a computer to be connected, just need a smartphone, right?

@lakefl0w Ай бұрын

The fans bearings sounds busted on the high settings

@Dilut2d Ай бұрын

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.

@LiveFree-ij3hn Ай бұрын

$81 extra to ship, keep it.

@relaxandseechannel 25 күн бұрын

I love it)❤

@xf4c347 Ай бұрын

niiiice

@SeanBZA Ай бұрын

Want a more efficient heater use a heat pump......

@gavingardiner3017 6 күн бұрын

how do you withdrawal bitcoin after get 0.07 btc on it

@lesclair Ай бұрын

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

@si2k Ай бұрын

Any SHA256 coins

@mendyourhome 21 күн бұрын

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.

@MyLibertyTV Ай бұрын

You’re literally using your Bitaxe wrong. You should be lottery mining for a solo block instead of trickling out pennies.

@MartyGold Ай бұрын

@xf4c347 Ай бұрын

: )

@ChristopherFalletta-rh9jf Ай бұрын

To bad you can’t actually get one right now

@mprelectrical Ай бұрын

Don't waste your money people.

@Pet-a-Boo Ай бұрын

But you'd need to run it for a year and make like $50 ..so whats the point?

@jaywood7672 4 күн бұрын

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

@blackfootindian7371 29 күн бұрын

Heatbit the worst purchase ever.

@hoosierdaddy3705 Ай бұрын

Mining bitcoin has not been profitable for nearly a decade.

@MyLibertyTV Ай бұрын

If it wasn’t profitable the entire chain would stop. 😂

@hoosierdaddy3705 Ай бұрын

@@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.

@jakobh.4422 Ай бұрын

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.

@CaptainCodeman Ай бұрын

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.