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Is the Avalon Nano 3 BTC Miner worth the $100?
41 sats \ 5 comments \ @ContraMundum 25 Nov bitcoin_Mining
The Avalon Nano 3 is marketed as a dual-purpose device that claims to function as both a heater and Bitcoin miner, promising warmth and cryptocurrency earnings. However, the description lacks technical specifics and sounds more like wishful marketing than a credible product description. Most small Bitcoin miners are unlikely to generate meaningful revenue, especially at a $100 price point.
I have 2 simple questions:
  1. How much Bitcoin could this device realistically mine per month?
  2. What are the electricity costs compared to potential Bitcoin earnings?
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21 sats \ 2 replies \ @Bee_Aye 26 Nov
at 4 th/s, its mainly for lotto mining and shouldnt be considered in any serious way for profit. if you were mining with a pool, odds are your retail electricity costs will put you in the red, or if in the black the costs to recoup will be longer than the expected life of the miner. id guess if you were mining with say braiins youd get 300ish sats per day running without inturruption. as for the electricity, you gotta check your bill and see what you pay KW/hr, then do the math for the unit.
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0 sats \ 1 reply \ @ContraMundum OP 26 Nov
Thanks. Would you say the 300ish SATs would be for pool mining or individual mining? Inform me on what you mean with brains? lol.
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0 sats \ 0 replies \ @Bee_Aye 26 Nov
the 300 sats would be pooled mining. Braiins is a pool you could mine with. Solo mining is all or nothing, and at 4 TH/s your odds at current difficulty are to mine a block once every about 3600 years,thus 'lotto mining'
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0 sats \ 1 reply \ @OgFOMK 25 Nov
Don't buy anything that no one you know it's using.
I bought the "Coinmine" in 2020 and That $700 I spent in Bitcoin was only returned in Fiat Bitcoin and less actual Bitcoin than I spent originally.
I also was looking for the promise of a lightning node. It never happened.
Don't buy anything unless you have seen it in action by a trusted peer.
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10 sats \ 0 replies \ @ContraMundum OP 25 Nov
Good call. Thanks
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