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Bitmain Releases New S17 Bitcoin ASIC Miners To Improve Efficiency and Longevity

· in Breaking, Crypto News
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

Bitmain, the largest cryptocurrency hardware miner manufacturer in the world released two new S17 ASIC miners to the market. 

The miners are called S17e and T17e and they have been launched on September 9. These devices come with improved operational stability, efficiency and longevity. The information was released by the company in a press release.  

Bitmain Releases New ASIC Miners for Bitcoin

As Bitcoin’s hash rate continues expanding in the market, Bitmain wants to remain a competitive solution for miners in the cryptocurrency space. This is why the firm decided to launch two new miners that aim at improving efficiency, operations and longevity. 

As reported by CoinTelegraph, the S17e has a hash rate of 64 TH/s and it operates with a power efficiency of 45 J/TH. Meanwhile, the T17e offers a hash rate of 53 TH/s and a power efficiency of 55 J/TH. 

In order to protect the miners from malicious attacks, the company decided to embed a new security software that has higher cybersecurity standards. This will increase the overall efficiency of a mining farm that would not have to fight against malware attacks and other issues. 

At the same time, these two miners will feature a new tube heat dissipation system that would make the mining activities much more efficient since it would be possible to dissipate heat.

Mining farms are usually located in countries with colder climates in order to reduce their energy consumption to keep miners operating in a more efficient way. ASIC miners tend to heat very fast and reduce their efficiency while mining digital assets. 

As per the report, these two miners are going to be released in three batches. The first of them will be available for sale starting on September 9. The machines are expected to be delivered during the first 10 days of November. Meanwhile, the second batch is going to be sold on September 10 and it is expected to be delivered between November 11 and 20. 

The last batch will be available for sale on September 11 and it will be delivered between November 21 and 30. 

According to data provided by Blockchain.com, Bitcoin’s hash rate has reached a new all-time high on September 8. Yesterday, Bitcoin’s hash rate reached 95 TH/s, representing an increase of 196 percent since December 2018. 

Bitmain is also announcing a delay compensation program. Customers that have their miners delayed will be compensated by Bitmain with different coupons for each day of delay. 

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