Bitmain announces the global release date of the new Antminer S17; claims to have improved energy efficiency



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Bitmain, the Chinese mining giant, recently announced that its Antminer S17 would be marketed worldwide on April 9, 2019. Earlier this month, the mining giant unveiled the new model of its Antminer 17 series machines to exploit evidence of work based on Equihash. coins. Antminer, on his official Twitter account, posted,

We officially announce the date of sale of the highly anticipated Antminer S17 Pro, S17 and T17, which will be released on April 09. Stay tuned for more information! # AntminerS17Pro # AntminerS17 # AntminerT17 #BitcoinCash #Bitcoin pic.twitter.com/zu4abKrK9P

– Antminer_main (@Antminer_main) March 29, 2019

In the blog, the Chinese chip maker said the new mining equipment of the 17 series would include Antminer S17 Pro, Antminer S17 and Antminer T17.

Bitmain's highly prized mining devices would have been sold within 20 minutes of the pre-sale phase on its website. The mining company Bitcoin claimed that the latest version offered a hash power of 135 KSol / s, three times more powerful than the previous Antminer Z9, released last May. This will reduce mining costs and will subsequently save about 60% of electricity costs, compared to its predecessor.

Yangxin, product manager of the latest Antminer series from Bitmain, said:

"Electricity bills are currently very high for Bitcoin mining. The improvement in energy efficiency therefore leads to a significant decrease in costs and, consequently, an increase in profits. Second, the new miner offers a clear improvement in space consumption and energy consumption. "

Bitmain reportedly incurred a net loss of $ 395 million in the second quarter of 2018. The company also reported significant losses as a result of the overproduction of ASIC miners.


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Chayanika holds a degree in journalism and currently works with AMBCrypto. She is curious about what Blockchain technology has to offer.

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