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Outdated · Canaan · Air-cooled · SHA-256
The Avalon 1 (60 GH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Canaan released in Jan 2013. It runs at 60 GH/s while drawing 600 W, an efficiency of 10000 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
More on this machine: Avalon 1 profitability history
As of Sep 21, 2026, hosted in Argentina at 6.0¢/kWh with 98.7% uptime. Bitcoin $87,031.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000000 BTC | $0.00 | $0.90 | -$0.89 |
| Weekly | 0.000000 BTC | $0.02 | $6.27 | -$6.25 |
| Monthly | 0.000001 BTC | $0.08 | $27.24 | -$27.16 |
| Yearly | 0.000010 BTC | $0.90 | $326.82 | -$325.92 |
Electricity per bitcoin mined: $31,568,385.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $31,568,385 | -$27 | — | — |
| Nigeria | Air-cooled | 3.9¢ | 73.6% | $20,519,450 | -$13 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $31,568,385 | -$27 | — | — |
| Specification | Value |
|---|---|
| Manufacturer | Canaan |
| Model | Avalon 1 |
| Release date | Jan 2013 |
| Algorithm | SHA-256 |
| Hashrate | 0.06 TH/s |
| Power consumption | 600 W |
| Efficiency | 10000 J/TH |
| Cooling | Air-cooled |
| Weight | 13.1 kg (approx.) |
The Avalon 1 is outdated. Newer models make bitcoin far more cheaply.
As of Sep 21, 2026, hosted in Argentina at 6.0¢/kWh, the Avalon 1 (60 GH/s) is calculated to lose $0.89 daily, $27.16 monthly and $325.92 yearly after electricity, at a bitcoin price of $87,031. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Avalon 1 costs about $31,568,385 in Argentina, and $31,568,385 in UAE and $20,519,450 in Nigeria. Bitcoin trades at $87,031, so every coin it mines is made above the price of buying one.
The Avalon 1 produces 60 GH/s of SHA-256 hashrate and consumes 600 W, giving an efficiency of 10000 J/TH.
The Avalon 1 measures about n/a and weighs around 13.1 kg.
The Avalon 1 is air-cooled with fans. In the UAE we run air-cooled machines in immersion tanks instead, which keeps them cool in desert heat.
We can host the Avalon 1 in UAE (6.0¢/kWh, 99.3% uptime, immersion), Nigeria (3.9¢/kWh, 73.6% uptime) and Argentina (6.0¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
Canaan announced the Avalon 1 in Jan 2013.