• Canaan introduced Avalon Mini 3 and Nano 3S hardware equipment in Las Vegas. 
• The new products released, combining Bitcoin mining hardware with home heating technology. 

Blockchain hardware manufacturer company Canaan opened doors to new innovation combining two different technologies. It launched Avalon Mini 3 and Nano 3S devices which function both as Bitcoin mining hardware and home heating equipment. This is one of the remarkable innovations of the crypto mining industry in recent days. 

As per the latest announcement from PR Newswire, Canaan designed two Bitcoin mining hardware devices, which users can also use for home heating purposes. The Avalon Mini 3 facilitates Bitcoin mining with a hashrate of 37.5Th/s and offers efficient home heating. On the other hand, the Avalon Nano 3S is a beginner-friendly mining device, with a hashrate of 6Th/s. 

Canaan Redefines Bitcoin Mining Hardware Technology

Canaan came up with this groundbreaking technology and it is offering a new way to utilize heat generated by Bitcoin mining devices. This not only helps users offset energy costs but also reduce environmental impact. At the same time, Canaan mining hardware also democratizes Bitcoin mining, bringing them directly to users’ homes. 

CEO and co-founder of Canaan, NG Zhang says, 

“We’re reimagining how technology can create value while minimizing environmental waste. The Avalon Mini 3’s ability to generate cryptocurrency while heating your home is a perfect example of our vision for sustainable, multi-purpose technology.”

Canaan’s innovation in designing the two devices is remarkable and offers an opportunity to utilise heat generated through Bitcoin mining. With Canaan’s launch, Bitcoin mining comes directly into homes with the additional feature of home heating. The announcement came as a fresh air in the industry, amidst Bitcoin market price declines and liquidations.

Both of the devices are available for USD899 for people who purchase it during the current preorder period. When this period ends at the end of February, the cost might increase. 

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