Home / Bitcoin miners / Canaan Avalon 1246
Outdated · Canaan · Air-cooled · SHA-256
The Canaan Avalon 1246 (85 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Canaan released in Dec 2020. It runs at 85 TH/s while drawing 3,420 W, an efficiency of 40.24 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
More on this machine: Canaan Avalon 1246 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 | 0.000040 BTC | $3.50 | $5.10 | -$1.61 |
| Weekly | 0.000281 BTC | $24.48 | $35.73 | -$11.25 |
| Monthly | 0.001222 BTC | $106.38 | $155.26 | -$48.88 |
| Yearly | 0.014667 BTC | $1,276.45 | $1,862.89 | -$586.45 |
Electricity per bitcoin mined: $127,016.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $127,016 | -$49 | — | — |
| Nigeria | Air-cooled | 3.9¢ | 73.6% | $82,561 | $4 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $127,016 | -$49 | — | — |
| Specification | Value |
|---|---|
| Manufacturer | Canaan |
| Model | Canaan Avalon 1246 |
| Release date | Dec 2020 |
| Algorithm | SHA-256 |
| Hashrate | 85 TH/s |
| Power consumption | 3420 W |
| Efficiency | 40.24 J/TH |
| Cooling | Air-cooled |
| Weight | 12.8 kg (approx.) |
The Canaan Avalon 1246 is outdated. Newer models make bitcoin far more cheaply.
As of Sep 21, 2026, hosted in Argentina at 6.0¢/kWh, the Canaan Avalon 1246 (85 TH/s) is calculated to lose $1.61 daily, $48.88 monthly and $586.45 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 Canaan Avalon 1246 costs about $127,016 in Argentina, and $127,016 in UAE and $82,561 in Nigeria. Bitcoin trades at $87,031, so every coin it mines is made above the price of buying one.
The Canaan Avalon 1246 produces 85 TH/s of SHA-256 hashrate and consumes 3,420 W, giving an efficiency of 40.24 J/TH.
The Canaan Avalon 1246 measures about n/a and weighs around 12.8 kg.
The Canaan Avalon 1246 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 Canaan Avalon 1246 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 Canaan Avalon 1246 in Dec 2020.