Canaan has introduced the Avalon Mini 3, a Bitcoin miner designed to also serve as a heater, priced at $899. The device recycles excess heat from Bitcoin mining to warm living spaces, aiming to help homeowners reduce energy costs during winter. While its computing power stands at 37.5 TH/s, the total Bitcoin network hash rate exceeds 800 million TH/s, giving users a slim chance of earning Bitcoin rewards—approximately one in 19.5 million per block reward cycle. Canaan joins other companies in this market, offering more energy-efficient solutions amid rising electricity costs. Previous innovations have highlighted the use of Bitcoin-generated heat in various applications, including heating pools and even growing tomatoes. The Avalon Mini 3 positions itself as a user-friendly option for non-tech-savvy consumers who want both a heating solution and a Bitcoin mining opportunity.

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