Bitmain Goals to Leapfrog Competitors With Its Subsequent-Gen Bitcoin Miner

On April 28, the China-based mining rig producer Bitmain Applied sciences introduced the launch of its newest Antminer T17 mannequin which processes roughly 40 terahashes per second (TH/s). The machine delivers higher energy effectivity with 55 joules per terahash (J/TH) and the T17 can also be outfitted with second-generation TSMC 7nm semiconductors.

Additionally learn: Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Bitmain’s Newly Launched Antminer T17 Boasts 40TH/s

Bitmain has introduced its newest product launch with the brand new T17 model, a mining rig that supposedly boasts 40TH/s at high speeds. The producer had already launched the Antminer S17 sequence two weeks in the past and the most recent T fashions had been introduced as “coming quickly,” however the specs and costs weren't but accessible. The Antminer T17 is a mining rig that processes the SHA-256 algorithm permitting customers to mine bitcoin money (BCH) and bitcoin core (BTC). Bitmain’s weblog particulars that the T17 makes use of a completely new design characteristic aimed toward lowering mud entry. Additional, the corporate reveals the mining rig additionally makes use of twin tube warmth dissipation know-how to be able to cut back wind resistance.

“The house between the air inlet to the air outlet has been lowered by 50%, bettering warmth dissipation which additional enhances the long-term operation of the miner and reduces upkeep prices for customers,” the corporate’s announcement defined on Sunday.

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

Based on the Antminer T17 specifications, the machine prices $1,270 per unit and the corporate has set a restrict to 10 miners per person. Shipments of the primary batch will begin on a first-paid-first-ship foundation and supply begins between Might 5-20, 2019. Along with the 40 TH/s, the miner has an influence consumption of 2200W. The T17 weighs round 11.5kg with 4 followers and a sound output of round 82dB. There are three boards that make the most of roughly 90 BM1397 7nm chips that make use of TSMC’s FinFET know-how. The T17 affords a newly improved APW9 energy provide which goals to make sure longer and secure operations. The brand new miner could be bought via the web site however shipments to the U.S. will embrace a 2.6% tax because of the mining rig’s import classification.

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

Competitor ASICs Are Nonetheless Unavailable Whereas the 5 Newest Antminer Fashions Are Now Out there for Public Consumption

The newest T17 mannequin follows the latest lineup of competitor fashions supplied by producers from the identical nation. Canaan has not too long ago introduced the brand new Avalon sequence with the Avalonminer 1041 and the 1041F. The brand new Canaan fashions boast hashrates between 31-33TH/s however use 16nm chips. Then there’s the Microbt Whatsminer M20S which claims to command 70 terahashes per second by using 12nm TSMC made semiconductors. Nevertheless, the brand new Whatsminer just isn't accessible till August and the Avalonminers from Canaan are additionally “out of inventory.” With the newest Antminer S17s and the newly launched T17, Bitmain is as soon as once more main the pack by with the ability to ship miners first. Just a few miners have already reported on receiving the newest S17s from the corporate on social media.

“Antminer S17 Professionals simply arrived — I apologize upfront for the slight bump within the BCH hashrate,” one particular person stated jokingly on Reddit.

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner
The Redditor on r/btc who not too long ago acquired his Antminer S17 Professionals within the mail on April 25.

In the intervening time, in line with statistics on, a knowledge web site that data reside revenue estimation of all identified ASIC miners, the Antminer S17 Professional (53TH/s) is essentially the most worthwhile miner within the business. All the S17 sequence and the brand new T17 are within the high 10 record of essentially the most environment friendly miners within the globe.

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

The mining rigs are amongst Whatsminer’s M20S which isn't accessible till the summer time and Innosilicon’s Terminator 3 (T3) which is similar to the T17 at 39TH/s. The Innosilicon miner is $1,290 per unit for pre-orders however the worth will improve to $1,450 per unit when the T3 is in inventory. Because it stands, moreover older technology machines launched final yr, the brand new Antminer merchandise from Bitmain are the one 2019 miners launched this yr which are at present accessible to the general public.

What do you concentrate on the brand new Antminer T17 mannequin from Bitmain? Tell us what you concentrate on this topic within the feedback part beneath.

Disclaimer: Readers ought to do their very own due diligence earlier than taking any actions associated to the talked about firms, ASIC producers, software program or any of the associates or companies. or the creator just isn't accountable, straight or not directly, for any injury or loss prompted or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article. This editorial overview is for informational functions solely.

Picture credit: Shutterstock, Bitmain,, and r/btc.

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12nm Chips, 16nm Chips, 40 Terahash, 40TH/s, 7nm Chips, availability, Bitmain, Canaan, FinFET technology, Innosilicon, Microbt, mining, Mining Rig, N-Featured, S17, S17 Pros, T17, Terahash, TSMC, Unavailable units, Whatsminer

Jamie Redman

Jamie Redman is a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open supply code, and decentralized purposes. Redman has written hundreds of articles for concerning the disruptive protocols rising immediately.

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