Canaan to debut residential Bitcoin miners at Bitcoin Asia 2026

Canaan Inc. will participate in Bitcoin Asia 2026 on Aug. 27-28 in Hong Kong, where it plans to debut three residential-focused Avalon miners: the Avalon Nano 3S, Avalon Mini 3 and AvalonQ. The move expands the company’s traditional industrial mining focus toward home users, with products designed around low noise, heat repurposing and adaptive power modes; the Avalon Mini 3 can also function as a space heater. Canaan mined 46 BTC in July 2026, down from 64 BTC in June and marking a second consecutive monthly decline, as higher global hash rates and energy costs pressure mining profitability. Bitcoin was priced at $78,931 with a $1.59 trillion market cap on Aug. 25, while Canaan’s stock was trading at $0.3535. The company will exhibit at Booth 143 under the theme "From Enterprise to Home" and discuss hardware performance, heat recovery technology and decentralized hashrate networks.

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