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Canaan Avalon 1566 Profitability Calculator

Release Date Oct 2024
$ /kWh
24 hours30 days1 year
Income$6.18$185.45$2,256.26
Electricity$8.21$246.24$2,995.92
Profit$-2.03$-60.79$-739.66

ASIC Miner Details

Manufacturer Canaan
Model Avalon 1566
Algorithm SHA-256
Hashrate 185 TH/s
Power 3420W

Available on eBay

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Minable Coins - SHA-256

BCH

BCH

$474.38

-1.49%

BTC

BTC

$74,551.00

+0.44%

FB

FB

$0.4731

+2.61%

PPC

PPC

$0.3043

-0.48%

XEC

XEC

$0.000007

+0.28%

Frequently Asked Questions About Avalon 1566

What is the current profitability of the Avalon 1566?

Based on current network conditions, the Avalon 1566 generates approximately $-2.03 per day at $0.10/kWh electricity. Mining FB is currently the most profitable option. Profitability varies with cryptocurrency prices and network difficulty. Use our calculator above for custom electricity rates.

What algorithm does the Avalon 1566 use?

The Avalon 1566 uses the SHA-256 algorithm with a hashrate of 185 TH/s. This algorithm is used for mining FB and other compatible cryptocurrencies. See the "Minable Coins" section above for a complete list of compatible coins.

How much power does the Avalon 1566 consume?

The Avalon 1566 consumes 3420W of power under normal operation. At $0.10/kWh, electricity costs approximately $8.21 per day ($246.24 per month). Adjust your electricity rate in the calculator above for accurate cost estimates specific to your location.

What is the expected ROI for the Avalon 1566?

At current mining conditions, the Avalon 1566 generates approximately $-60.79 per month ($-739.66 per year) after electricity costs at $0.10/kWh. ROI timeframe depends on your purchase price - divide your upfront cost by monthly profit to estimate payback period. Keep in mind that cryptocurrency prices and mining difficulty change over time.

Where can I buy the Avalon 1566?

The Avalon 1566 is available from authorized Canaan distributors and secondary marketplaces. Check the eBay listings above for current availability and pricing from verified sellers. New units may also be available directly from Canaan or authorized resellers. Always verify seller reputation, warranty coverage, and return policies before purchasing.

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