Are Canaan Avalon A1446 and A1466 worth buying?

In a densely competitive environment, the new generation of ASIC miners is emerging with the goal of providing higher hash rates and better energy efficiency to the cryptocurrency mining community. ASIC miner manufacturer Canaan released the Avalon A14 series at the ABCD conference in Singapore last month. This series includes two air-cooled miners—Avalon A1446 and A1466, and an immersed liquid-cooled miner—Avalon A1466I, which has attracted widespread attention from the mining community. We will focus on comparing the specifications and profitability of the 2 air-cooled miners to analyze whether they are worth buying.

A13, A14 series specifications comparison

Avalon A13 Series Specifications Overview

Avalon A1346 Specifications:

Hash rate: 110TH/s, -3%~+3%

Power consumption: 3300W, -5%~+5%@Wall-Plug

Power Efficiency: 30J/TH, -5%~+5%@25℃

Avalon A1366 Specifications:

Hash rate: 130TH/s, -3%~+3%

Power consumption: 3250W, -5%~+5%@Wall-Plug

Power Efficiency: 25J/TH, -5%~+5%@25℃

Avalon A14 Series Specifications Overview

Avalon A1446 Specifications:

Hash rate: 135TH/s, -5%~+5%

Power consumption: 3310W, -10%~+10%@Wall-Plug

Power Efficiency: 24.5J/TH, -5%~+5%@25℃

Avalon A1466 Specifications:

Hash rate: 150TH/s, -5%~+5%

Power consumption: 3230W, -10%~+10%@Wall-Plug

Power Efficiency: 21.5J/TH, -5%~+5%@25℃

From the specification comparison, the A14 series is overall better than the A13 series, and the miner efficiency is higher, reaching the 1X joules per terahash (J/TH) efficiency rating. The performance improvement of the A14 series is not only reflected in numerical values, but also in Canaan’s determination to continuously pursue technological innovation and their important position in the global mining ecosystem.

Avalon A14 series profitability

The assessment of profitability is an integral part of the actual mining environment. Taking into account the current Bitcoin price, mining difficulty, and electricity costs, the following rough estimate is made based on the electricity cost of $0.06/kWh:

Avalon A1446 profitability

Avalonminer A1446 can earn $10.62 per day. After deducting the electricity cost of approximately $4.77, you can make $5.85 a day.

Avalon A1466 profitability

Avalon miner A1446 can earn $11.80/day. The electricity costs about $4.65, the daily profit is approximately $7.15.

In the actual mining income, more variables need to be considered, including the changing trend of mining difficulty, the instability of the Bitcoin market price, the complexity of operation and maintenance, etc.

Conclusion

Canaan Avalon A14 series undoubtedly demonstrates excellent engineering design and technical strength. The improvement of its hash rate and power consumption efficiency indicates the future development direction of miners. Calculated from the current Bitcoin price, mining difficulty, and electricity costs, both the Avalon miner A1446 and A1466 are profitable.

But mining investment is not only an investment in technology but also a bet on the market. In actual operations, multiple constantly changing factors require investors to pay close attention and make flexible strategic adjustments. While enjoying the dividends brought by technological progress, rational investment strategies and risk management will be the key to the long-term stable development of miners in this field.

Disclaimer

Please note that the content of this article is for reference purposes only and does not constitute investment advice or guidance. The investment market is full of challenges and risks, and your investment decisions should be based on your financial situation, investment objectives, risk tolerance, and other relevant considerations. It is strongly recommended to seek professional, individualized advice before making any investment or financial decisions. The author and related parties make no warranty, express or implied, as to the accuracy, completeness, or reliability of the content of this article, and do not assume any legal liability for any direct or indirect losses arising from the use of this article information.