I think it's more of a cost of operation analysis. At 15-17 J/TH 20w for 24 hours= 480w that's a 3rd to a 5th of the power consumption for 1 hour with an Avalon. Meaning the overall hash comes to 207,360 TH(with the Bitaxe) versus 69,120 TH to 115,200 TH for the same power consumption. Now you'd run you bitaxe for longer for that total but it is more efficient and cost effective.
Some people will spend hundreds of dollars on BitAxe or variant, achieving less than 5 TH/s, when they could have a used miner with 10-20x the hashrate.
2.5TH/s for € 400,00 for NerdQAxe+
https://www.gobrrr.me/product/nerdqaxe/
1.2TH/s for 220.00 CAD for BitAxe Gamma
Buy 2, to get 2.4TH/s combined for about $300 USD
https://d-central.tech/product/the-bitaxe/
93TH/s for $300 for Avalon Miner 1246
https://kaboomracks.com/product/used-avalon-miner-a1246-93t/
Some providers of used S19s
https://www.asicprices.com/en/miner/antminer-s19
Note: This is not a testimonial for any of these vendors or products. Buy at your own risk. DYOR. DYOK.
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