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Canaan Avalon 1246 (85 TH/s)
Outdated · Canaan · Air-cooled · SHA-256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 hashes 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.
Canaan Avalon 1246 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 | 0.000042 BTC | $3.22 | $5.10 | -$1.88 |
| Weekly | 0.000291 BTC | $22.54 | $35.73 | -$13.19 |
| Monthly | 0.001266 BTC | $97.96 | $155.26 | -$57.30 |
| Yearly | 0.015195 BTC | $1,175.39 | $1,862.89 | -$687.50 |
Electricity per bitcoin mined: $122,603.
Where to host the Canaan Avalon 1246
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $122,603 | -$58 | — | — |
| Nigeria | Air-cooled | 4.0¢ | 74.7% | $81,735 | -$4 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $122,603 | -$57 | — | — |
Canaan Avalon 1246 specifications
| 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 |
Canaan Avalon 1246 FAQ
Can I buy the Canaan Avalon 1246?
The Canaan Avalon 1246 is outdated. Newer models make bitcoin far more cheaply.
Is the Canaan Avalon 1246 (85 TH/s) profitable?
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh, the Canaan Avalon 1246 (85 TH/s) is calculated to lose $1.88 daily, $57.30 monthly and $687.50 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 1246?
Electricity to mine one bitcoin with the Canaan Avalon 1246 costs about $122,603 in Argentina, and $122,603 in UAE and $81,735 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 1246?
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.
Is the Canaan Avalon 1246 air-cooled or hydro-cooled?
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.
Where can the Canaan Avalon 1246 be hosted?
We can host the Canaan Avalon 1246 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 1246 released?
Canaan announced the Canaan Avalon 1246 in Dec 2020.