Bitmain Antminer S23 Immersion (368Th) vs Canaan Avalon Nano 3
Side-by-side specs, profitability, and home mining comparison.
Specifications Comparison
| Bitmain Antminer S23 Immersion (368Th) | Specification | Canaan Avalon Nano 3 |
|---|---|---|
| 368.0 TH/s | Hashrate | 4.0 TH/s |
| 4,080 W | Power Consumption | 1,400 W |
| 11.1 J/TH | Efficiency | 350.0 J/TH |
| 75 dB | Noise Level | 35 dB |
| 17.2 kg | Weight | 0.7 kg |
| 13,921 BTU/hr | BTU Output | 4,777 BTU/hr |
| 30/100 | Home Mining Score | 66/100 |
| — | Release Year | — |
| SHA-256 | Algorithm | SHA-256 |
| Bitmain | Manufacturer | Canaan |
Profitability Comparison
Bitmain Antminer S23 Immersion (368Th)
Canaan Avalon Nano 3
Based on BTC price of $79,032 and current network difficulty as of May 15, 2026. Actual results vary.
Verdict
Based on our multi-factor analysis, the Bitmain Antminer S23 Immersion (368Th) wins on 3 of 6 factors (efficiency, hashrate, price-performance). The standout gap is 9100% more hashrate (368.0 vs 4.0 TH/s) in the Bitmain Antminer S23 Immersion (368Th)'s favour. That said, the Canaan Avalon Nano 3 isn't beaten everywhere — it still wins power consumption and home mining score and noise level. The right pick still depends on your power cost and noise tolerance — the breakdowns above make that call concrete.
Spec Deltas
The Bitmain Antminer S23 Immersion (368Th) and Canaan Avalon Nano 3 diverge on the metrics below — each gap expressed as a real percentage, not a vague "better":
- Bitmain Antminer S23 Immersion (368Th) 9100% more hashrate (368.0 vs 4.0 TH/s)
- Canaan Avalon Nano 3 66% better power draw (4,080 vs 1,400 W)
- Bitmain Antminer S23 Immersion (368Th) 97% better efficiency (11.1 vs 350.0 J/TH)
- Canaan Avalon Nano 3 53% better noise (75.0 vs 35.0 dB)
- Canaan Avalon Nano 3 96% better weight (17.2 vs 0.7 kg)
- Bitmain Antminer S23 Immersion (368Th) 191% more heat output (13,921 vs 4,777 BTU/hr)
- Canaan Avalon Nano 3 120% more home mining score (30.0 vs 66.0)
Cost & ROI Over Time
Sticker price versus what the miner actually earns back: the table below projects cumulative net profit at a $0.10/kWh electricity rate.
| Bitmain Antminer S23 Immersion (368Th) | Metric | Canaan Avalon Nano 3 |
|---|---|---|
| $5,899 | Upfront cost (MSRP) | $149 |
| $3.59 | Daily net profit | -$3.21 |
| -$4,588 | Net after 1 year | -$1,322 |
| -$3,277 | Net after 2 years | -$2,496 |
| -$1,966 | Net after 3 years | -$3,669 |
| Takes ~4.5 years to pay back at current rates | Payback period | Does not pay back at current rates (negative daily profit) |
Projections assume continuous operation, a flat $0.10/kWh rate, and no hardware degradation, pool fees, or BTC price change. Real-world ROI varies.
Best For...
Best for Profitability
Bitmain Antminer S23 Immersion (368Th)$6.81/day higher profit at current rates.
Best for Home Mining
Canaan Avalon Nano 3Score: 66/100. 35 dB noise level.
Best for Efficiency
Bitmain Antminer S23 Immersion (368Th)11.1 J/TH — lower electricity cost per terahash.
Frequently Asked Questions
Is the Bitmain Antminer S23 Immersion (368Th) or Canaan Avalon Nano 3 more profitable?
At the current BTC price and a $0.10/kWh electricity rate, the Bitmain Antminer S23 Immersion (368Th) is more profitable at $3.59/day compared to $-3.21/day for the Canaan Avalon Nano 3. Profitability depends heavily on your electricity rate — use the selector above to calculate with your actual costs.
Bitmain Antminer S23 Immersion (368Th) vs Canaan Avalon Nano 3: which runs at a lower noise level?
The Canaan Avalon Nano 3 is quieter at 35 dB compared to the Bitmain Antminer S23 Immersion (368Th) at 75 dB. For home mining, lower noise levels make a significant difference in livability.
Which is better for home mining, the Bitmain Antminer S23 Immersion (368Th) or Canaan Avalon Nano 3?
The Canaan Avalon Nano 3 scores 66/100 on our Home Mining Score (vs 30/100 for the Bitmain Antminer S23 Immersion (368Th)). This composite score factors in noise, power requirements, heat output, size, and setup ease — all critical for residential mining.
How far apart are the Bitmain Antminer S23 Immersion (368Th) and Canaan Avalon Nano 3 on J/TH?
The Bitmain Antminer S23 Immersion (368Th) runs at 11.1 J/TH while the Canaan Avalon Nano 3 runs at 350.0 J/TH — a difference of 338.9 J/TH. Lower efficiency means less electricity per terahash of mining power, directly reducing operating costs. In relative terms that is 97% better efficiency (11.1 vs 350.0 J/TH).
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