About AvalonMiner 1047

Canaan AvalonMiner 1047 is using the SHA 256 algorithm as it is a Bitcoin miner. It comes with a maximum hash rate of 37 Th/s with a power consumption of 2380W. The top coin to mine is Bitcoin, while DigiByte and Mining Rig Rentals are the most profitable coins.

What is shocking about most Canaan Avalon Miners is that they are not ASIC supported. And this means you can’t monitor the performance of the miner while away. This particular miner was released in September 2019.

Analysis and Features of Canaan AvalonMiner 1047

As Bitcoin is a valuable asset, the manufacturer recommends that users pre-order the unit. Most shops have this miner but in limited numbers. It goes to show how well the mining community has received the miner.

The miner uses the Ethernet interface and favors other highly profitable coins. These coins include Acoin, Curecoin, Joulecoin, Terracoin, and others. All these coins fall under the SHA-256 algorithm.

To get a claim to this piece of mining experience, you can also join reputable mining pools. These mining pools include AntPool, NiceHash, Poolin, SlushPool, and ViaBTC. Interested buyers can buy directly from the manufacturer. You can also buy the unit from leading stores and vendors.