Avalon Nano 3 Review: The Future of Home Mining

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The world of cryptocurrency mining continues to evolve, and with it, the demand for compact, efficient, and user-friendly devices designed for home use. In response, Canaan Inc. (NASDAQ: CAN) introduced the Avalon Nano 3 in Q2 2024—marking a major milestone in the evolution of personal Bitcoin mining hardware. This portable miner blends performance, practicality, and simplicity, making it an ideal entry point for newcomers and a charming addition for seasoned enthusiasts.

Designed not only to mine Bitcoin but also to function as a space heater, the Avalon Nano 3 redefines what home mining can be. In this comprehensive review, we’ll explore its design, setup process, real-world performance, and value proposition in today’s mining landscape.

The Evolution of Avalon Nano: From Concept to Reality

Canaan’s journey in accessible mining began a decade ago with the original Avalon Nano, a compact single-chip USB-powered miner aimed at developers and students curious about blockchain technology. Equipped with the A3233 chip and delivering a hash rate of 3.6GH/s, it outperformed many GPU-based setups of its time. Its USB stick-like design also enabled efficient heat dissipation—an early hint at Canaan’s forward-thinking engineering.

As users began linking multiple units via USB hubs to boost hash rates, Canaan responded with the Avalon Nano 2, featuring improved durability and a higher power output of up to 5W. This iterative development set the stage for a new generation of home miners—small, smart, and scalable.

Now, ten years later, the Avalon Nano 3 arrives as the most advanced iteration yet—bringing together lessons from the past with modern efficiency and usability.

Avalon Nano 3: Redefining Compact Mining

The Avalon Nano 3 is more than just an upgrade—it's a reimagining of what small-scale mining can achieve. With a 4TH/s hash rate powered by 10 integrated chips and a maximum power draw of 140W, this device delivers serious performance in a surprisingly compact form factor (205×115×57mm, 725g without adapter).

Available in five colors—black, white, yellow, blue, and pink—it’s as stylish as it is functional. It supports multiple power modes (65W, 100W, 140W), giving users control over performance and noise levels. Connectivity is handled via Wi-Fi, eliminating the need for Ethernet cables and simplifying deployment in any home environment.

Key specifications include:

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This dual-purpose functionality—as both a miner and a space heater—makes the Nano 3 particularly appealing during colder months, effectively offsetting some energy costs through useful thermal output.

Setting Up Your Avalon Nano 3: A Beginner-Friendly Experience

One of the standout features of the Avalon Nano 3 is its plug-and-play simplicity. Designed with accessibility in mind, the setup process requires no technical expertise.

Step-by-Step Setup Guide

  1. Connect the USB-C power cable and turn on the device.
  2. Press and hold the power button for 3 seconds to activate.
  3. Connect your computer or smartphone to the Nano 3’s default Wi-Fi hotspot (e.g., “heater_nano_A4F4”).
  4. Open a browser and navigate to 192.168.168.168.
  5. Log in using the default credentials: username and password both set to root.
  6. Enter your home Wi-Fi SSID and password to connect the device to your network.
  7. Reconnect your device to your home Wi-Fi.
  8. Access the updated IP address shown in the interface to log back into the management panel.

Configuring Mining via Luxor Pool

The Avalon Nano 3 ships with seamless integration into Luxor, one of the most reliable Bitcoin mining pools.

  1. Register at Luxor.tech and create a sub-account.
  2. On the Nano 3 interface, go to Mining Pool Settings.

  3. Input:

    • URL: stratum+tcp://btc.global.luxor.tech:700
    • Worker: YourSubaccount.WorkerName (no special characters)
    • Password: 123
  4. Click Save. The device will restart and begin mining.
  5. Within 5–10 minutes, your hash rate should appear in your Luxor dashboard.

You can choose between high power mode (maximum output) or low power mode (quieter operation), depending on your needs.

Performance Analysis: Real-World Efficiency

To evaluate real-world performance, testing was conducted across three power modes:

In HPM, the device maintains stable operation with exhaust temperatures between 50–55°C, generating enough warmth to serve as a supplemental heater in small rooms. Noise levels remain low at ~36dB, comparable to a whisper.

Energy efficiency stands at 35J/T (joules per terahash), which is competitive for its class. At an average electricity cost of $0.14/kWh, monthly energy expenses amount to approximately **$14.12**, making it economically viable for casual miners.

Is the Avalon Nano 3 Worth It?

While large-scale ASIC rigs dominate industrial mining, the Avalon Nano 3 fills a unique niche: accessible, educational, and eco-conscious home mining.

Priced at:

Its cost per terahash ranges from $24.75/T to $32.25/T, depending on configuration—reasonable for a plug-and-play device with dual utility.

Though not built for maximum profitability like enterprise miners, its ease of use, low noise, and heater functionality make it perfect for:

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Frequently Asked Questions (FAQ)

Q: Can I use the Avalon Nano 3 without technical knowledge?
A: Absolutely. The setup is fully guided via web interface and QR code registration with Luxor Pool—no coding or complex configurations needed.

Q: Does it really work as a heater?
A: Yes. The exhaust air reaches 50–60°C, providing mild heating suitable for desks or small personal spaces.

Q: How much Bitcoin can I mine with it?
A: Earnings depend on network difficulty and BTC price. At current rates, expect small but consistent daily outputs—ideal for long-term accumulation.

Q: Is Wi-Fi connectivity reliable for mining?
A: Yes. The built-in Wi-Fi ensures stable connection to Luxor Pool, with automatic reconnection after outages.

Q: Can I link multiple units together?
A: While not officially supported in a daisy-chain format, each unit operates independently—you can run multiple Nanos on the same network.

Q: Where is the Avalon Nano 3 available?
A: Currently sold in 23 countries, with global shipping options expanding.

Final Thoughts

The Avalon Nano 3 isn’t just another mining device—it’s a statement about the future of decentralized participation in blockchain networks. By combining ease of use, energy efficiency, and dual functionality, Canaan has created a product that lowers barriers to entry while offering tangible utility beyond hashing power.

Whether you're taking your first step into Bitcoin mining or looking for a smart way to utilize excess heat at home, the Avalon Nano 3 delivers on both innovation and practicality.

👉 Start your journey into efficient home mining today—no experience required.

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