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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Outdated · Canaan · Air-cooled · SHA-256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 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 price history · Canaan Avalon 1246 profitability history
Canaan Avalon 1246 profitability
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh with 73.6% uptime. Bitcoin $77,903.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000027 BTC | $2.08 | $2.85 | -$0.78 |
| Weekly | 0.000187 BTC | $14.54 | $19.98 | -$5.44 |
| Monthly | 0.000811 BTC | $63.19 | $86.83 | -$23.64 |
| Yearly | 0.009733 BTC | $758.23 | $1,041.86 | -$283.64 |
Electricity per bitcoin mined: $107,045.
Canaan Avalon 1246 price history
From $4,910 in Jan 2021 to $277 in Dec 2023 (-94%).
| Month | Price per unit | Price per TH |
|---|---|---|
| Jan 2021 | $5,707 | $67.14 |
| Feb 2021 | $7,579 | $89.17 |
| Mar 2021 | $8,095 | $95.23 |
| Apr 2021 | $5,362 | $63.08 |
| May 2021 | $3,801 | $44.72 |
| Jun 2021 | $4,211 | $49.54 |
| Jul 2021 | $5,601 | $65.89 |
| Aug 2021 | $5,555 | $65.35 |
| Sep 2021 | $5,809 | $68.34 |
| Oct 2021 | $6,410 | $75.41 |
| Nov 2021 | $6,468 | $76.10 |
| Dec 2021 | $4,997 | $58.79 |
| Jan 2022 | $4,995 | $58.77 |
| Feb 2022 | $4,249 | $49.99 |
| Mar 2022 | $3,899 | $45.87 |
| Apr 2022 | $3,138 | $36.92 |
| May 2022 | $1,980 | $23.29 |
| Jun 2022 | $1,776 | $20.90 |
| Jul 2022 | $1,709 | $20.10 |
| Aug 2022 | $1,698 | $19.98 |
| Sep 2022 | $1,411 | $16.60 |
| Oct 2022 | $1,006 | $11.83 |
| Nov 2022 | $858 | $10.09 |
| Dec 2022 | $773 | $9.09 |
| Jan 2023 | $813 | $9.57 |
| Feb 2023 | $759 | $8.93 |
| Mar 2023 | $746 | $8.78 |
| Apr 2023 | $776 | $9.13 |
| May 2023 | $682 | $8.02 |
| Jun 2023 | $701 | $8.25 |
| Jul 2023 | $690 | $8.12 |
| Aug 2023 | $444 | $5.22 |
| Sep 2023 | $382 | $4.49 |
| Oct 2023 | $364 | $4.28 |
| Nov 2023 | $293 | $3.45 |
| Dec 2023 | $277 | $3.26 |
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 | 6.5¢ | 99.3% | $154,620 | -$84 | — | — |
| Nigeria | Air-cooled | 4.5¢ | 73.6% | $107,045 | -$24 | — | — |
| Argentina | Air-cooled | 6.5¢ | 98.7% | $154,620 | -$83 | — | — |
Canaan Avalon 1246 specifications
| Specification | Value |
|---|---|
| Manufacturer | Canaan |
| Model | Canaan Avalon 1246 |
| Release date | Jan 2021 |
| Algorithm | SHA-256 |
| Hashrate | 85 TH/s |
| Power consumption | 3420 W |
| Efficiency | 40.24 J/TH |
| Cooling | Air-cooled |
| Weight | 12.8 kg (approx.) |
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 Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh, the Canaan Avalon 1246 (85 TH/s) is calculated to lose $0.78 daily, $23.64 monthly and $283.64 yearly after electricity, at a bitcoin price of $77,903. 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 $107,045 in Nigeria, and $154,620 in UAE and $154,620 in Argentina. Bitcoin trades at $77,903, 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.
What are the dimensions and weight of the Canaan Avalon 1246?
The Canaan Avalon 1246 measures about n/a and weighs around 12.8 kg.
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 (6.5¢/kWh, 99.3% uptime, immersion), Nigeria (4.5¢/kWh, 73.6% uptime) and Argentina (6.5¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
How has the price of the Canaan Avalon 1246 changed?
The Canaan Avalon 1246 sold for $4,910 in Jan 2021 and $277 as of Dec 2023, down 94%. Over that time it ranged from $277 to $8,197.
When was the Canaan Avalon 1246 released?
Canaan announced the Canaan Avalon 1246 in Dec 2020.