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Canaan Avalon 1047 (37 TH/s)
Outdated · Canaan · Air-cooled · SHA-256
The Canaan Avalon 1047 (37 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Canaan released in Sep 2019. It hashes at 37 TH/s while drawing 2,380 W, an efficiency of 64.32 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
Canaan Avalon 1047 profitability
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh with 98.7% uptime. Bitcoin $77,356.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000018 BTC | $1.40 | $3.55 | -$2.15 |
| Weekly | 0.000127 BTC | $9.81 | $24.86 | -$15.05 |
| Monthly | 0.000551 BTC | $42.64 | $108.05 | -$65.40 |
| Yearly | 0.006614 BTC | $511.64 | $1,296.40 | -$784.76 |
Electricity per bitcoin mined: $196,005.
Where to host the Canaan Avalon 1047
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $196,005 | -$66 | — | — |
| Nigeria | Air-cooled | 4.0¢ | 74.7% | $130,670 | -$22 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $196,005 | -$65 | — | — |
Canaan Avalon 1047 specifications
| Specification | Value |
|---|---|
| Manufacturer | Canaan |
| Model | Canaan Avalon 1047 |
| Release date | Sep 2019 |
| Algorithm | SHA-256 |
| Hashrate | 37 TH/s |
| Power consumption | 2380 W |
| Efficiency | 64.32 J/TH |
| Cooling | Air-cooled |
Canaan Avalon 1047 FAQ
Can I buy the Canaan Avalon 1047?
The Canaan Avalon 1047 is outdated. Newer models make bitcoin far more cheaply.
Is the Canaan Avalon 1047 (37 TH/s) profitable?
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh, the Canaan Avalon 1047 (37 TH/s) is calculated to lose $2.15 daily, $65.40 monthly and $784.76 yearly after electricity, at a bitcoin price of $77,356. It always changes with bitcoin's price and network difficulty.
What does it cost to mine one bitcoin with the Canaan Avalon 1047?
Electricity to mine one bitcoin with the Canaan Avalon 1047 costs about $196,005 in Argentina, and $196,005 in UAE and $130,670 in Nigeria. Bitcoin trades at $77,356, so every coin it mines is made above the price of buying one.
What is the hashrate and power consumption of the Canaan Avalon 1047?
The Canaan Avalon 1047 produces 37 TH/s of SHA-256 hashrate and consumes 2,380 W, giving an efficiency of 64.32 J/TH.
Is the Canaan Avalon 1047 air-cooled or hydro-cooled?
The Canaan Avalon 1047 is air-cooled with fans. In the UAE we run air-cooled machines in immersion tanks instead, which keeps them cool in desert heat.
Where can the Canaan Avalon 1047 be hosted?
We can host the Canaan Avalon 1047 in UAE (6.0¢/kWh, 99.3% uptime, immersion), Nigeria (4.0¢/kWh, 74.7% uptime) and Argentina (6.0¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
When was the Canaan Avalon 1047 released?
Canaan announced the Canaan Avalon 1047 in Sep 2019.