Canaan AvalonMiner 1246 — ASIC miner introduced in December 2020, intended for cryptocurrency mining. Under current mining conditions, Canaan AvalonMiner 1246 can generate revenue of around $7.52 per day before electricity costs. At $0.05 per kWh, net profit is approximately $3.42. The most profitable coin is Quai Sha (QUAI-SHA) (SHA-256) with a hashrate of 90 Th/s at 3420 W. Occasionally, Digibyte (DGB-SHA) and Bitcoin SV (BSV) are mined as well, which can also be profitable depending on coin prices and network difficulty.