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Outdated · Canaan · Air-cooled · SHA-256
The Canaan Avalon 921 (20 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Canaan released in Sep 2018. It runs at 20 TH/s while drawing 1,700 W, an efficiency of 85 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 921 price history · Canaan Avalon 921 profitability history
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 | 0.000006 BTC | $0.49 | $1.42 | -$0.93 |
| Weekly | 0.000044 BTC | $3.42 | $9.93 | -$6.51 |
| Monthly | 0.000191 BTC | $14.87 | $43.16 | -$28.29 |
| Yearly | 0.002290 BTC | $178.41 | $517.88 | -$339.48 |
Electricity per bitcoin mined: $226,140.
From $350 in Sep 2018 to $95 in Nov 2022 (-73%).
| Month | Price per unit | Price per TH |
|---|---|---|
| Sep 2018 | $333 | $16.64 |
| Oct 2018 | $328 | $16.38 |
| Nov 2018 | $324 | $16.21 |
| Dec 2018 | $409 | $20.47 |
| Jan 2019 | $416 | $20.80 |
| Feb 2019 | $537 | $26.84 |
| Mar 2019 | $594 | $29.68 |
| Apr 2019 | $650 | $32.48 |
| May 2019 | $641 | $32.04 |
| Jun 2019 | $576 | $28.80 |
| Jul 2019 | $447 | $22.37 |
| Aug 2019 | $383 | $19.17 |
| Sep 2019 | $206 | $10.29 |
| Oct 2019 | $249 | $12.44 |
| Nov 2019 | $169 | $8.47 |
| Dec 2019 | $172 | $8.58 |
| Jan 2020 | $103 | $5.17 |
| Feb 2020 | $94 | $4.72 |
| Mar 2020 | $102 | $5.11 |
| Apr 2020 | $95 | $4.75 |
| May 2020 | $119 | $5.97 |
| Jun 2020 | $82 | $4.11 |
| Jul 2020 | $86 | $4.30 |
| Aug 2020 | $84 | $4.20 |
| Sep 2020 | $129 | $6.45 |
| Oct 2020 | $244 | $12.22 |
| Nov 2020 | $313 | $15.66 |
| Dec 2020 | $460 | $23.01 |
| Jan 2021 | $808 | $40.41 |
| Feb 2021 | $976 | $48.82 |
| Mar 2021 | $982 | $49.08 |
| Apr 2021 | $640 | $32.02 |
| May 2021 | $428 | $21.42 |
| Jun 2021 | $543 | $27.13 |
| Jul 2021 | $599 | $29.97 |
| Aug 2021 | $562 | $28.10 |
| Sep 2021 | $717 | $35.85 |
| Oct 2021 | $531 | $26.53 |
| Nov 2021 | $531 | $26.53 |
| Dec 2021 | $466 | $23.31 |
| Jan 2022 | $462 | $23.10 |
| Feb 2022 | $441 | $22.03 |
| Mar 2022 | $383 | $19.13 |
| Apr 2022 | $359 | $17.96 |
| May 2022 | $220 | $11.02 |
| Jun 2022 | $222 | $11.08 |
| Jul 2022 | $208 | $10.41 |
| Aug 2022 | $190 | $9.51 |
| Sep 2022 | $180 | $9.00 |
| Oct 2022 | $96 | $4.79 |
| Nov 2022 | $95 | $4.74 |
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.5¢ | 99.3% | $326,646 | -$64 | — | — |
| Nigeria | Air-cooled | 4.5¢ | 73.6% | $226,140 | -$28 | — | — |
| Argentina | Air-cooled | 6.5¢ | 98.7% | $326,646 | -$64 | — | — |
| Specification | Value |
|---|---|
| Manufacturer | Canaan |
| Model | Canaan Avalon 921 |
| Release date | Sep 2018 |
| Algorithm | SHA-256 |
| Hashrate | 20 TH/s |
| Power consumption | 1700 W |
| Efficiency | 85 J/TH |
| Cooling | Air-cooled |
| Weight | 4.3 kg (approx.) |
The Canaan Avalon 921 is outdated. Newer models make bitcoin far more cheaply.
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh, the Canaan Avalon 921 (20 TH/s) is calculated to lose $0.93 daily, $28.29 monthly and $339.48 yearly after electricity, at a bitcoin price of $77,903. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Canaan Avalon 921 costs about $226,140 in Nigeria, and $326,646 in UAE and $326,646 in Argentina. Bitcoin trades at $77,903, so every coin it mines is made above the price of buying one.
The Canaan Avalon 921 produces 20 TH/s of SHA-256 hashrate and consumes 1,700 W, giving an efficiency of 85 J/TH.
The Canaan Avalon 921 measures about n/a and weighs around 4.3 kg.
The Canaan Avalon 921 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 921 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.
The Canaan Avalon 921 sold for $350 in Sep 2018 and $95 as of Nov 2022, down 73%. Over that time it ranged from $73 to $1,057.
Canaan announced the Canaan Avalon 921 in Sep 2018.