ASIC devices are designated for cryptocurrency mining. They have a much better hashrate to the energy consumption rate and outperforms GPU devices in this regard.
The Canaan AvalonMiner 1246 was produced by Canaan and released in 2021. This miner consumes 3420W, producing 90.0 Th/s of hashrate with the sha-256 algorithm, which makes this device almost (if not at all) useless. We do not recommend buying this device for mining nowadays.
The most profitable coins to mine using AvalonMiner 1246: