Canaan Inc. (NASDAQ: CAN), a leader in blockchain hardware, has unveiled two groundbreaking devices at CES 2025 that combine Bitcoin mining and home heating. The Avalon Mini 3 and Avalon Nano 3S models aim to make cryptocurrency mining widespread and redefine technological efficiency by merging crypto generation with sustainable heating solutions.
Innovation for the Home
The Avalon Mini 3, boasting a computing power of 37.5 Th/s, not only allows for efficient Bitcoin mining but also heats domestic spaces at the same time. Featuring a compact, quiet design and app control, this device is designed to be an accessible solution for both beginners and mining enthusiasts.
On the other hand, the Avalon Nano 3S, an improved successor to the popular Avalon Nano 3, offers a hash rate of 6 Th/s. Its portable design, low energy consumption, and affordable price make it an ideal choice for individual users wishing to contribute to the decentralization of the Bitcoin network.
Reimagining Technological Efficiency
The Avalon Mini 3 transforms the heat generated during mining into a useful source for heating homes, providing a solution that combines sustainability, energy savings, and economic value generation. This innovative approach helps to reduce the environmental impact of mining, maximizing the utility of computational labor.
"Our goal is to make Bitcoin mining accessible to everyone," stated NG Zhang, CEO and founder of Canan. "The Avalon Mini 3 and Avalon Nano 3S models reflect our vision for practical and sustainable solutions. The Avalon Mini 3 shows how technology can create value while minimizing environmental waste."
About Canaan Inc.
Founded in 2013 by Nangeng Zhang, Canaan Inc. is a technology company specializing in the design of high-performance ASIC chips, hardware research and development, and blockchain software services. It was a pioneer in the development of ASIC technology mining machines under the Avalon brand, transforming the history of Bitcoin.
