When you buy a miner, what are you most concerned about?

[Canaan Online Shop]

  When you buy a miner, what are you most concerned about?
   1. The total price.
   2. The hash rate.
   3. Brand
   4. Others(welcome to share your opinions)

[1715351437]

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[1715351437]

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[1715351437]

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[hZti]

As a European Citizen I care the most about energy consumption, because this will be my main cost factor. It is not too important how much I pay in the first place for the miner since I will quickly have paid more money in power than the price reduction for a inefficient miner.

[MinerMEDIC]

Durability and longevity. This means using the latest industry standard design and technology. Metal backed circuit board, wettable flank ASIC, bolt on Heatsinks, etc.

[DaveF]

Going with what @MinerMEDIC said. I have fixed cost power so it's better for me to have a miner that will last forever, then the latest & fastest that dies after 18 months.
I have stuff running that if WAY past being able to generate any BTC if power was a concern.

Also, as a side note 110V power would be nice. Yes, I know the rest of the world uses 220 and building for the little bit that uses 110 is probably not worth it.
But not having stuff that can run on 110V or lower amps for the rest of the world does limit some small home / hobby miner sales.

-Dave

[philipma1957]

My power cost is such that I can not lose money.

Except if:

 gear dies.
Gear is never delivered.
gear is stolen.

So a 38 watt per th

is better than a 29 watt per th

if the 38 watt gear never breaks.

IE:

 an avalon 1246 87 th at 38 watts a th

is better for me than a s19 110th at 29 watts a th.

[NotFuzzyWarm]

As Philipma said,

So a 38 watt per th
is better than a 29 watt per th
if the 38 watt gear never breaks.
IE:
 an avalon 1246 87 th at 38 watts a th
is better for me than a s19 110th at 29 watts a th.

is one of the main reasons I stopped using Bitmain miners after batch-25 of the s9 series. Just too many hash boards dying. Up to the s9 they were much much more reliable.

Switched to the Avalon's starting with a couple 721's and never looked back. Out of several dozen of the Avalon miners over the years only 1 failure and that was the fan on 741 - which even after 2 years Canaan replaced no-charge. These days it seems that the PSU's are the main failure area und ja, Bitmain has the same issue (along with other problem areas) as do the Whatminers.

[Canaan Online Shop]

As a European Citizen I care the most about energy consumption, because this will be my main cost factor. It is not too important how much I pay in the first place for the miner since I will quickly have paid more money in power than the price reduction for a inefficient miner.

That's true. The electricity costs more than ever before

[DaveF]

As a European Citizen I care the most about energy consumption, because this will be my main cost factor. It is not too important how much I pay in the first place for the miner since I will quickly have paid more money in power than the price reduction for a inefficient miner.

That's true. The electricity costs more than ever before

Which does kind of loop back to my low power QUIET mining comment.
3 or 4TH at a couple of hundred watts to act as a small space heater.

10TH as a slightly larger space heater. You can still make them dead quiet if built properly with modern chips.

Bitmains R4 came out 6 years ago and did 8.5TH and 850W
What can you build today that will keep my office warm or the back bedroom of my condo without blowing out my ears?

-Dave

[CochnocherCrypto]

120V Power would be fantastic - So many miners are built to run on 3000+ Watts and require 220V+ Electricity. Scale them down! Same chips - less or smaller hashboards, smaller form factor... I understand that it is easier from an electrical engineering stand-point to design something for the most "ideal" electrical input. However, North America (the USA especially) is a massive, potential, market and there are VERY few companies taking advantage of the, nearly, untapped potential that resides here. That's my 2 sats anyway.... Aside from that - I personally try to seek out build quality and products that will stand up to the test of time.

[Stella19]

If someone care about the price, just visit here, it is probably one of the best prices on the market:

A1246-93T: https://shop.canaan.io/products/st-avalon-miner-a1246-93t-3420w?DIST=REVF

A1246-90T: https://shop.canaan.io/products/st-avalon-miner-a1246-90t-3420w?DIST=REVF

A1166Pro-81T: https://shop.canaan.io/products/st-avalon-miner-a1166-pro-81t-3400w?DIST=REVF

All of these are from canaan offical shop and shipping by canaan directly.

[kano]

Well, don't forget that those prices ignore the taxes you may have to pay on top of that, if you ship them from china to a country that requires you to pay those rather large extra taxes.

[Thunir]

As Philipma said,

So a 38 watt per th
is better than a 29 watt per th
if the 38 watt gear never breaks.
IE:
 an avalon 1246 87 th at 38 watts a th
is better for me than a s19 110th at 29 watts a th.

is one of the main reasons I stopped using Bitmain miners after batch-25 of the s9 series. Just too many hash boards dying. Up to the s9 they were much much more reliable.

Switched to the Avalon's starting with a couple 721's and never looked back. Out of several dozen of the Avalon miners over the years only 1 failure and that was the fan on 741 - which even after 2 years Canaan replaced no-charge. These days it seems that the PSU's are the main failure area und ja, Bitmain has the same issue (along with other problem areas) as do the Whatminers.

Sorry for ot but i see you have alot of avalons and i have my eye on A1166pro series. Do you have any of those and would you recommend them?

[DaveF]

Well, don't forget that those prices ignore the taxes you may have to pay on top of that, if you ship them from china to a country that requires you to pay those rather large extra taxes.

They are not shipping everything from China, they have miners in stock in the US and other countries that they ship from.
Not saying that there are no other taxes involved and depending on from where to where the amounts could still be large. But they seem to be trying to save customers some money.

-Dave

[philipma1957]

As Philipma said,

So a 38 watt per th
is better than a 29 watt per th
if the 38 watt gear never breaks.
IE:
 an avalon 1246 87 th at 38 watts a th
is better for me than a s19 110th at 29 watts a th.

is one of the main reasons I stopped using Bitmain miners after batch-25 of the s9 series. Just too many hash boards dying. Up to the s9 they were much much more reliable.

Switched to the Avalon's starting with a couple 721's and never looked back. Out of several dozen of the Avalon miners over the years only 1 failure and that was the fan on 741 - which even after 2 years Canaan replaced no-charge. These days it seems that the PSU's are the main failure area und ja, Bitmain has the same issue (along with other problem areas) as do the Whatminers.

Sorry for ot but i see you have alot of avalons and i have my eye on A1166pro series. Do you have any of those and would you recommend them?

I have a1166 it works fine , if you are usa based this one is good

https://shop.canaan.io/products/avalon-miner-a1166-pro-81t-3400w?VariantsId=10012

decent price
stable gear

good luck with your mining I hope that you do well with your choice of gear.

My partners and I will be getting more of them soon.

[Canaan Online Shop]

[/quote]

I have a1166 it works fine , if you are usa based this one is good

https://shop.canaan.io/products/avalon-miner-a1166-pro-81t-3400w?VariantsId=10012

decent price
stable gear

good luck with your mining I hope that you do well with your choice of gear.

My partners and I will be getting more of them soon.

[/quote]


Thanks for voting for us

[Canaan Online Shop]

As Philipma said,

So a 38 watt per th
is better than a 29 watt per th
if the 38 watt gear never breaks.
IE:
 an avalon 1246 87 th at 38 watts a th
is better for me than a s19 110th at 29 watts a th.

is one of the main reasons I stopped using Bitmain miners after batch-25 of the s9 series. Just too many hash boards dying. Up to the s9 they were much much more reliable.

Switched to the Avalon's starting with a couple 721's and never looked back. Out of several dozen of the Avalon miners over the years only 1 failure and that was the fan on 741 - which even after 2 years Canaan replaced no-charge. These days it seems that the PSU's are the main failure area und ja, Bitmain has the same issue (along with other problem areas) as do the Whatminers.

Hello, could you please send us an Email at customerservice@canaan.io with your address? Our online shop team wants to send you a gift

[NotFuzzyWarm]

As Philipma said,

So a 38 watt per th
is better than a 29 watt per th
if the 38 watt gear never breaks.
IE:
 an avalon 1246 87 th at 38 watts a th
is better for me than a s19 110th at 29 watts a th.

is one of the main reasons I stopped using Bitmain miners after batch-25 of the s9 series. Just too many hash boards dying. Up to the s9 they were much much more reliable.

Switched to the Avalon's starting with a couple 721's and never looked back. Out of several dozen of the Avalon miners over the years only 1 failure and that was the fan on 741 - which even after 2 years Canaan replaced no-charge. These days it seems that the PSU's are the main failure area und ja, Bitmain has the same issue (along with other problem areas) as do the Whatminers.

Hello, could you please send us an Email at customerservice@canaan.io with your address? Our online shop team wants to send you a gift

Email sent at 3:42p EST
Thank you very much, it will be interesting to see what it is 

[Canaan Online Shop]

As Philipma said,

So a 38 watt per th
is better than a 29 watt per th
if the 38 watt gear never breaks.
IE:
 an avalon 1246 87 th at 38 watts a th
is better for me than a s19 110th at 29 watts a th.

is one of the main reasons I stopped using Bitmain miners after batch-25 of the s9 series. Just too many hash boards dying. Up to the s9 they were much much more reliable.

Switched to the Avalon's starting with a couple 721's and never looked back. Out of several dozen of the Avalon miners over the years only 1 failure and that was the fan on 741 - which even after 2 years Canaan replaced no-charge. These days it seems that the PSU's are the main failure area und ja, Bitmain has the same issue (along with other problem areas) as do the Whatminers.

Hello, could you please send us an Email at customerservice@canaan.io with your address? Our online shop team wants to send you a gift

Email sent at 3:42p EST
Thank you very much, it will be interesting to see what it is 

Yeah, we have confirmed, just wait patiently

[unicornmangle]

1. Run-time without needing to be repaired
2. Software Customization
3. Price

I would like to see more single hash board BTC miners, and updates that don't brick your control board. I don't know anything about manufacturing but letting customers fix their own hardware for common points of failure and giving them the information and parts to do so doesn't seem like a bad thing to me.

[jack1cryptotalk007]

my criteria to buy a miner machine:
1. reliable for long running.
2. technical transparency on hardware and software.
3. repairable and good service.
4. low price.
5. less power consume.

[Canaan Online Shop]

my criteria to buy a miner machine:
1. reliable for long running.
2. technical transparency on hardware and software.
3. repairable and good service.
4. low price.
5. less power consume.

Noted with thanks.

[Canaan Online Shop]

1. Run-time without needing to be repaired
2. Software Customization
3. Price

I would like to see more single hash board BTC miners, and updates that don't brick your control board. I don't know anything about manufacturing but letting customers fix their own hardware for common points of failure and giving them the information and parts to do so doesn't seem like a bad thing to me.

Thanks for your precious advice, we do appreciate it.

[ejd59005]

Me personally, it would be electricity usage. Tons of miners out there, but most consume so much electricity, that it's not even worth it anymore.

I used to GPU mine back in the day and that was pretty profitable, but even now, that can be pretty expensive. Electricity can make or break a mining rig.

[kano]

Me personally, it would be electricity usage. Tons of miners out there, but most consume so much electricity, that it's not even worth it anymore.

I used to GPU mine back in the day and that was pretty profitable, but even now, that can be pretty expensive. Electricity can make or break a mining rig.

Well this is the big difference between canaan miners and bitmain miners

The latest canaan miners use a lot more power per TH than the latest bitmain miners.
(and this has been the case also for a long time)

The latest bitmain miner using 23W/TH vs the latest canaan miner using 35W/TH actually is a very big issue.

When that 35W/TH is borderline running no profit or even loss, i.e. run cost power = 100% or more of reward
the 23W/TH miner is using only 66% of the power, so that 33% may go into profit instead of paying for the power.

The catch of course is when BTC price is low like it is now, you need really cheap power to make only a small profit on a canaan miner.
However, many people will find that they run the newest canaan miners at a loss at the moment,
but might be able to run the newest bitmain miners at a profit.

I will add, that I've always considered this surprising how bitmain always can make mining chips with better power characteristics than canaan can ever do.

[Canaan Online Shop]

Thanks for all your suggestions

[lowbander801]

power and hash rate is the most important
then a realistic ROI with current prices of 12-14 months
more than this is purely speculative and has many chances to go wrong

[Canaan Online Shop]

power and hash rate is the most important
then a realistic ROI with current prices of 12-14 months
more than this is purely speculative and has many chances to go wrong

Thanks

[hZti]

Me personally, it would be electricity usage. Tons of miners out there, but most consume so much electricity, that it's not even worth it anymore.

I used to GPU mine back in the day and that was pretty profitable, but even now, that can be pretty expensive. Electricity can make or break a mining rig.

Well this is the big difference between canaan miners and bitmain miners

The latest canaan miners use a lot more power per TH than the latest bitmain miners.
(and this has been the case also for a long time)

The latest bitmain miner using 23W/TH vs the latest canaan miner using 35W/TH actually is a very big issue.

When that 35W/TH is borderline running no profit or even loss, i.e. run cost power = 100% or more of reward
the 23W/TH miner is using only 66% of the power, so that 33% may go into profit instead of paying for the power.

The catch of course is when BTC price is low like it is now, you need really cheap power to make only a small profit on a canaan miner.
However, many people will find that they run the newest canaan miners at a loss at the moment,
but might be able to run the newest bitmain miners at a profit.

I will add, that I've always considered this surprising how bitmain always can make mining chips with better power characteristics than canaan can ever do.

As far as I understand this works only because there is quite a big portion of people that has business contracts that include unlimited power. Since running a miner in a large company building will also not make a huge difference there are more people that you would think that are not really interested in power consumption even if in the first place you can not imagine how somebody could run this miner on a profit.

[Canaan Online Shop]

  When you buy a miner, what are you most concerned about?
   1. The total price.
   2. The hash rate.
   3. Brand
   4. Others(welcome to share your opinions)

Welcome to share your ideas with us

[Skot]

  When you buy a miner, what are you most concerned about?
   1. The total price.
   2. The hash rate.
   3. Brand
   4. Others(welcome to share your opinions)

4. How is the open source support for the hardware, firmware and software!

[Canaan Online Shop]

  When you buy a miner, what are you most concerned about?
   1. The total price.
   2. The hash rate.
   3. Brand
   4. Others(welcome to share your opinions)

4. How is the open source support for the hardware, firmware and software!

Well noted with thanks !

[Canaan Online Shop]

Any more ideas? We are all ears

[hZti]

Any more ideas? We are all ears

There is an incredible big market worldwide for heating equipment that is electrically powered. If you could just get 1 % of those customers to use a bitcoin Miner for heating instead of a simple heater you would probably already sell more miners than any other company. The needs for this miner would be:

-Low Noise
-High Safety
-Power Output of 3-5 KwH
- Good Build quality and design

[MrMik]

Any more ideas? We are all ears

There is an incredible big market worldwide for heating equipment that is electrically powered. If you could just get 1 % of those customers to use a bitcoin Miner for heating instead of a simple heater you would probably already sell more miners than any other company. The needs for this miner would be:

-Low Noise
-High Safety
-Power Output of 3-5 KwH
- Good Build quality and design

I agree, but not with the power output requirement.

It should have lower power output so that it can be plugged into a standard wall outlet.

1.2-2.4kW max. Plug and play/heat.

For 3-5kW you need to have a dedicated high current cable to where ever you want to plug it in.

[kano]

Any more ideas? We are all ears

There is an incredible big market worldwide for heating equipment that is electrically powered. If you could just get 1 % of those customers to use a bitcoin Miner for heating instead of a simple heater you would probably already sell more miners than any other company. The needs for this miner would be:

-Low Noise
-High Safety
-Power Output of 3-5 KwH
- Good Build quality and design

I agree, but not with the power output requirement.

It should have lower power output so that it can be plugged into a standard wall outlet.

1.2-2.4kWh max. Plug and play/heat.

For 3-5kW you need to have a dedicated high current cable to where ever you want to plug it in.

I brought that up directly with Canaan in the past and their response was that they're not interested in making home miners.

I then followed up about getting chips from them for someone else to make home miners and they ignored my emails.

[tjtonmoy]

There are a few key things to consider when choosing a bitcoin miner.

• First, you should make sure that the miner is capable of mining at a high hash rate, as this will increase your chances of successfully mining bitcoins.
  
• Second, you should consider the energy efficiency of the miner, as this will determine how much it will cost to run the miner and how long it will take to earn back your initial investment.
• Third, you should consider the price of the miner, as well as any additional equipment or accessories that may be required to use it.
  
• Finally, you should also consider the reputation and customer support offered by the manufacturer of the miner. Buy something that comes with a long term warranty support.
  

There are more experts here to give you more suggestions. So try and follow them.

[Canaan Online Shop]

Any more ideas? We are all ears

There is an incredible big market worldwide for heating equipment that is electrically powered. If you could just get 1 % of those customers to use a bitcoin Miner for heating instead of a simple heater you would probably already sell more miners than any other company. The needs for this miner would be:

-Low Noise
-High Safety
-Power Output of 3-5 KwH
- Good Build quality and design

Haha, that means these users can mine BTC in a warm house. Noise is really a problem so far.

[Canaan Online Shop]

There are more experts here to give you more suggestions. So try and follow them.

Thanks, we are listening