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Outdated · Canaan · Air-cooled · SHA-256
The Canaan Avalon 821 (11.5 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Canaan released in Feb 2018. It hashes at 11.5 TH/s while drawing 1,200 W, an efficiency of 104.35 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
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 | 0.000006 BTC | $0.44 | $1.79 | -$1.36 |
| Weekly | 0.000039 BTC | $3.05 | $12.54 | -$9.49 |
| Monthly | 0.000171 BTC | $13.25 | $54.48 | -$41.22 |
| Yearly | 0.002056 BTC | $159.02 | $653.65 | -$494.62 |
Electricity per bitcoin mined: $317,963.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $317,963 | -$41 | — | — |
| Nigeria | Air-cooled | 4.0¢ | 74.7% | $211,975 | -$17 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $317,963 | -$41 | — | — |
| Specification | Value |
|---|---|
| Manufacturer | Canaan |
| Model | Canaan Avalon 821 |
| Release date | Feb 2018 |
| Algorithm | SHA-256 |
| Hashrate | 11.5 TH/s |
| Power consumption | 1200 W |
| Efficiency | 104.35 J/TH |
| Cooling | Air-cooled |
The Canaan Avalon 821 is outdated. Newer models make bitcoin far more cheaply.
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh, the Canaan Avalon 821 (11.5 TH/s) is calculated to lose $1.36 daily, $41.22 monthly and $494.62 yearly after electricity, at a bitcoin price of $77,356. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Canaan Avalon 821 costs about $317,963 in Argentina, and $317,963 in UAE and $211,975 in Nigeria. Bitcoin trades at $77,356, so every coin it mines is made above the price of buying one.
The Canaan Avalon 821 produces 11.5 TH/s of SHA-256 hashrate and consumes 1,200 W, giving an efficiency of 104.35 J/TH.
The Canaan Avalon 821 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 821 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.
Canaan announced the Canaan Avalon 821 in Feb 2018.