You Won't Believe the How Much this New Bitcoin Miner Earns!

This new Canaan AvalonMiner 1566 might be their new stand-out Bitcoin miner. The initial specs released for this miner were 185Th/s but it has turned out to be a much more powerful miner at 212 Th/s. It was projected to earn about $11/day, with a $4.45/day earnings after electric, but let's review some real-world mining profitability of the miner so far. We'll run through how to set up the miner, initial mining profitability data, and give our overall review and initial impressions of the miner.

⏰ Timestamps ⏰
00:00 Setting up the new Canaan Avalon 1566 BTC miner
01:09 Using Altair PDUs for this miner
02:42 Mining some Bitcoin!
04:22 Canaan is finally back?
05:44 How much does the Canaan Avalon 1566 make?
07:33 Bitcoin is booming but hashrate is not?
08:18 Where to buy Bitcoin miners?
09:22 Dogecoin mining is also very profitable!
10:00 How is the AvalonMiner performing?
12:14 Canaan 1566 Review
13:00 The Antminer S21 finally has some competition!
14:35 Tails is always in the green

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#Cryptocurrency #Bitcoin #VoskCoin #BTC #BitcoinMining #CryptoMining #Canaan

[gemrough]

Mining for non institutional investors is dead. With the current price of miners and cost of electricity, you are way better off just buying coin…. Sad!

We definitely need more competition in the miner game.

[TheHobbyistMiner]

Great Video! The A1566 is a no brainer for the price. Easy 215 TH

[Calendyr]

So at all time high, it will take you about 1.75 years to break even on the purchase of the machine. And when it is completelly paid for, new hardware will very likely be available making this one much less efficient and kinda obsolete. Seems to me this is kind of a waste of time and effort. This doesn't even take into account your time, the space needed, cooling of the rooms, network fees, additional hardware, etc, etc, etc. 5$ per day, wow that is really not a lot.

[brianvanzyl]

Appreciate the video, certainly looks like a good value for money, need to look at getting my first BTC miner, looks like this might be it

[CyborgHGWF]

390 dollars a month in bitcoin is just killing miners. i hope you guys figure out another plan with it. the heat alone you could use to make indoor gardening 🧑‍🌾 and team up with project earthship. self producing electricity is the next wave to keep bitcoin miners online

[ccrazy]

Omg... that beat to start this was so 🔥. Shout out to the Vosk coin team. Tails included. I've been watching since you were in the basement

[CyborgHGWF]

make sure you guys write ✍️ down all your serial numbers and get some insurance if somebody takes all those miners you need to have inventory check. it’s no different than
en buying a car for delivery and the feds need to make a better plan at paying you back for putting your time and money into infrastructure

[zackofalltrades]

Hey how do i contact you about solar mining? I have been in solar since 03, and i know tricks.

[Thaddy]

ETH at startup and Bitcoin in 04/2020 at 5780.00 we are Set Now No more worries

[ludedude]

Which power meter box are you using at @2:36

[ronwatkins]

I need to find some 50A pdu's, those are nice but 30A doesn't work well for me. Too much left-over power on a single 30A circuit.

[JuanJDumeP]

the return on the original investment only exist on future btc prices at 100k btc hes never making the money back but if btc goes to 500k maybe in a few years

[biglovehaha]

I could see im aliexpress for 700 usd, do you think it is scam?
Brand New. BITMAIN Antminer S21 Pro 234TH/S BTC Miner

[JamesSnap]

Which mining pool is the best for doge coin?

[YsMining]

did you see the dirt go in there when you started it lol sad

[futurewhale]

It will take you one year to pay off your rig that don't make no sense for an investment standpoint

[dragonballzpop]

The accepted and rejected and pool connections sucks on the moblie. The screen needs to be separated

[moms]

what phone program did you use to see the miner? or id you just put in the IP address?

[damein]

What was the discount code for coin mining central? I can’t find it now

[TheGrendel]

Man, with all that hash power, why aren't you running your own bitcoin node and mining solo on your own node?