Canaan Avalon Miner 1047 Review and Profitability Calculation Estimate

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Canaan Avalon Miner 1047

This ASIC miner offered on sesterce mining is a piece of SHA-256 mining equipment manufactured by Canaan. 

The Canaan Avalon Miner 1047 produces a maximum hashrate of 37TH/s consuming a total power of 2380W.

Sesterce hosts this miner for interested users.

In the case of delivery, customs clearance, installation, overheating, maintenance, etc., sesterce provides mining equipment users with professional maintenance in their data centers.

Immediately after the miner is installed in the sesterce data center, it is connected to a pool, and it starts generating revenue, which is credited to the user's account daily.

The miner's hashrate is delivered to the user's account within 24 hours after installation.

The Canaan Avalon Miner 1047 is priced at 960 USD on Sesterce and includes the PSU. It can be purchased using paylib or Coinbase with these currencies - €, $, £, Ethereum, Bitcoin, Bitcoin Cash, Litecoin, Ripple.

The Canaan Avalon Miner 1047 technical specifications are as follows:

Model Name AvalonMiner 1047
Hashrate 37TH/s, 0%~+3%
Power Efficiency 62.5J/T, -5%~+5%@25℃
64.5J/T, -5%~+5%@35℃
Power Consumption 2380W, -5%~+8%
Power Supply AC Input 185~280V AC 50~60Hz 12A (Max)
Chips 240 x A3205 16nm ASIC
Smart Controller Canaan Kendryte K210 Artificial Intelligence SOC
Connection RJ45 Ethernet 10/100M, Daisy-Chain Connection
Air-intake Temperature -5℃~+35℃
Cooling 2 x 12038 FAN
Noise 70dB(Typical)
Operation Humidity 5%~90% Non-Condensing
Cubic Feet Per Minute 250CFM
Net Weight 7.6kg
Net Dimensions 190mm x 190mm x 292mm

Canaan AvalonMiner 1047 is a Bitcoin miner that also mines over 40 profitable coins. It uses the SHA-256 hashing algorithms, which is one of the most secure mining algorithms. There are no known vulnerabilities when it comes to this algorithm. Over time, the Canaan AvalonMiner is coming out of the gates with impressive products. The manufacturer is giving other competitors a run for their money. And this is a welcome situation for all Crypto lovers.

AvalonMiner 1047 comes with a maximum hash rate of 37 TH/s and power consumption of 2920W. The miner comes with 65 decibels of sound, making it a perfect unit for home mining activities. You can also use it for large scale mining as the noise is environmentally friendly.

The Profitability of Canaan AvalonMiner 1047

It comes with a profit ratio of -12 percent; this is according to today’s market data. An annual return percentage of -26 percent is also expected with this unit.

Calculation Parameters
Power Consumption (Watts) 2380 W
Electricity Cost (per KWh) $0.1
Coin bitcoin
Manufacturer Canaan
Hashrate 37.0000000000 TH/s
Algorithm SHA-256
Payback Never
Contract Duration Never
Estimated Power Cost
Daily Power Cost $5.71
Weekly Power Cost $39.97
Monthly Power Cost $171.30
Annual Power Cost $2,084.15
Estimated Revenue W/O Cost
Daily Revenue $2.22
Weekly Revenue $15.54
Monthly Revenue $66.60
Annual Revenue $810.30
Estimated Profit After Cost
Daily Profit $-3.50
Weekly Profit $-24.50
Monthly Profit $-105.00
Annual Profit $-1,277.50

Disclaimer: The Above Profit Table is a carefully calculated estimate based on known real-time factors and Parameters. The actual values may or may not vary significantly from the values provided in the table above. The Above table is only meant to provide insights and afford Ideas to any cryptocurrency miner looking to purchase this particular Product for Mining Purposes.

Reviews by Other Users

  • REPLY miner212 (31-08-2022)
    Was not aware these miners were still in circulation. I prefer Antminer, especially the ones mentioned in this list:

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