Canaan Avalon 1047 (ASIC) Mining Profitability & Solo Block Chance

See the daily, monthly and annual mining profitability of the Canaan Avalon 1047 ASIC across every compatible proof-of-work coin, plus its solo block-hit probability. BackPoW uses live network difficulty and coin prices, and lets you set your electricity cost and pool fee to get realistic net profit figures.

Canaan Avalon 1047 at a glance

Top Canaan Avalon 1047 coins by daily revenue

Estimated gross mining revenue per day at the Canaan Avalon 1047's rated hashrate, using live network difficulty and coin prices (before electricity and pool fees):

Recommended solo mining pools for the Canaan Avalon 1047

To solo mine with the Canaan Avalon 1047, connect your rig's stratum configuration to a verified solo pool gateway so you receive 100% of the block reward when finding a block. Top verified solo pools for BitcoinII (BTCII):

Compare all BitcoinII solo mining pools & stratum fees →

Frequently asked questions

What coins can I mine with the Canaan Avalon 1047?

The Canaan Avalon 1047 (ASIC) can mine 9 proof-of-work coins on BackPoW, including BitcoinII, Quai-SHA, Peercoin, Bitcoin. Each coin shows its estimated hashrate, daily revenue and solo block-hit probability.

How profitable is the Canaan Avalon 1047 for mining?

Profitability of the Canaan Avalon 1047 depends on the coin, its network difficulty, the coin price, your electricity cost and pool fees. BackPoW ranks every mineable coin by daily, monthly and annual profit so you can pick the best target.

What is the best coin to mine with the Canaan Avalon 1047?

Right now the single highest-earning coin for the Canaan Avalon 1047 is BitcoinII (BTCII), at about $1.65/day gross (gross, before electricity). BackPoW re-ranks every mineable coin daily using live network difficulty and prices, so this can change.

Can the Canaan Avalon 1047 solo mine?

Yes. BackPoW computes the Canaan Avalon 1047's solo block-hit probability per coin using a Poisson model based on live network hashrate, so you can gauge your realistic chance of finding a block.

How long would the Canaan Avalon 1047 take to solo mine one BitcoinII block?

About one BitcoinII (BTCII) block every 3.4 days on average at the Canaan Avalon 1047's rated hashrate, using BitcoinII's live network hashrate. Real results are random (Poisson) around this mean, recalculated every update.

Where can I solo mine with the Canaan Avalon 1047?

You can solo mine BitcoinII with the Canaan Avalon 1047 by connecting to verified solo stratum gateways such as sneakattack.se, jackpool.ru, nitropool.net. These pools forward 100% of the block reward directly to your wallet upon discovery (minus standard pool fees).

What is the breakeven electricity rate for the Canaan Avalon 1047?

The Canaan Avalon 1047 breaks even at approximately 0.0288 USD/kWh. If your electricity tariff is below this threshold, mining is profitable at current coin prices and network difficulty. Above this rate, power costs exceed daily revenue and the miner operates at a loss. BackPoW recalculates this figure every update.

Coins you can mine with the Canaan Avalon 1047

Similar hardware to the Canaan Avalon 1047

Other SHA-256 ASICs with comparable hashrate:

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