LAS VEGAS, Jan. 8, 2025 /PRNewswire/ -- Canaan INC (NASDAQ: CAN), a leading blockchain hardware manufacturer, today announced the launch of the Avalon Mini 3 and Nano 3S in Las Vegas, CES. The two innovative Bitcoin mining devices are designed to democratize cryptocurrency mining for individuals and turning a home heating system into a crypto mining device.
Product Innovation
Canaan is redefining home cryptocurrency mining with two groundbreaking devices. The Avalon Mini 3, with a Hashrate of 37.5Th/s, offers a unique dual-purpose solution, combining efficient Bitcoin mining with home heating. The app-controlled operation and sleek, quiet design, provides a remarkably easy-to-use, energy-efficient solution for mining newcomers and enthusiasts.
The Avalon Nano 3S, which is upgraded from the widely-welcomed Avalon Nano 3, with a Hashrate of 6Th/s, complements this offering as an affordable, beginner-friendly Bitcoin mining device. Its compact and portable design alongside its low power consumption makes it ideal for individual users while supporting the broader goal of Bitcoin network decentralization.
Reimagining Technology Efficiency
The Avalon Mini 3 can simultaneously mine Bitcoin and warm living spaces, offering homeowners a unique way to offset energy costs and reduce environmental impact. This device gives users innovative access to heat recycling, turning the computational work of Bitcoin mining into a dual-purpose solution that provides both digital currency and home comfort.
"We are committed to making Bitcoin mining accessible to everyone," said NG Zhang, CEO and founder of Canaan. "The Avalon Mini 3 and Avalon 3S represent our vision of user-friendly, practical mining solutions for the modern individual. We're reimagining how technology can create value while minimizing environmental waste. The Avalon Mini 3's ability to generate cryptocurrency while heating your home is a perfect example of our vision for sustainable, multi-purpose technology."
Availability
Preorder Now at https://canaan.io/avalonhome
During the preorder period till the end of February 2025, the price for Avalon Nano 3S is USD249 and Avalon Mini 3 is USD899 while supplies last.
About Canaan Inc.
Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. In 2013, under the leadership of Mr. Nangeng Zhang, founder and CEO, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology in Bitcoin's history under the brand name Avalon.
Website: canaan.io
Media Contact: pr@canaan-creative.com
Telegram Group Official: https://t.me/Canaanio
X.com: https://x.com/canaanio
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025
TOKYO, Dec. 29, 2025 /PRNewswire/ -- ARC Group will host the Capital Markets & M&A Forum in Tokyo, an exclusive gathering of the nation's most influential financial professionals, corporate executives, investors, and advisors. Designed for senior decision-makers, this high-impact forum will uncover actionable insights, foster elite connections, and open the door to exceptional deal-making opportunities in Tokyo's fast-evolving capital markets. The event will take place on January 20th, 2026, at the Ritz-Carlton Tokyo Hotel.
About ARC Group
ARC Group is a global investment bank and management consultancy supporting companies through cross-border financial advisory, M&A, IPOs, SPAC transactions, financing, and consulting services. Headquartered in Hong Kong with offices in China, the United States, Southeast Asia, Europe, and the Middle East, ARC Group delivers integrated solutions across multiple jurisdictions.
- Capital Markets: A top global mid-market investment bank, consistently leading the SPAC M&A League Table globally.
- M&A: Over USD 1 billion in transaction volume in the last three years, specializing in cross-border deals involving Asia.
- Management Consulting: Supporting companies from growing businesses to Fortune 500 leaders in overcoming strategic and operational challenges.
- ARC Group Securities LLC: A wholly owned, U.S.-registered, FINRA-member broker-dealer with firm commitment underwriting capabilities.
About the Event
For the first time, ARC Group brings its flagship Capital Markets & M&A Forum to Tokyo, convening senior executives, investors, and advisors for a focused dialogue on the forces shaping global capital markets and cross-border deal-making.
Previously hosted in leading financial hubs including Shanghai, Shenzhen, Dubai, and Kuala Lumpur, the forum has established itself as a trusted platform for senior decision-makers to exchange insights and explore cross-border opportunities.
Set in Japan's leading financial hub, the forum will explore key trends across IPOs, M&A, financing, and strategic expansion, with particular attention to opportunities emerging in Japan and the broader Asia-Pacific region. Through off-the-record discussions, strategic perspectives, and sector-focused sessions, participants will gain practical insights into navigating an evolving market environment.
Held at The Ritz-Carlton, Tokyo, this exclusive gathering offers a highly curated networking experience, bringing together decision-makers across investment banking, corporate leadership, legal advisory, and institutional investment. Attendees will have the opportunity to exchange views with peers, build meaningful connections, and identify pathways for collaboration and deal flow.
This milestone Tokyo edition marks ARC Group's continued commitment to fostering high-level capital markets dialogue across Asia's most influential financial centers.
Venue: The Ritz-Carlton, Tokyo
Tokyo Midtown, 9 Chome-7-1 Akasaka, Minato City, Tokyo 107-6245, Japan
Date: January 20, 2026
Register here: https://arc-group.com/capital-market-and-ma-forum-2026-tokyo-edition/
Media Contact:
Anna Sahlberg
anna.sahlberg@arc-group.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
ARC Group Brings the Premier Capital Markets & M&A Forum to Tokyo
