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Bitmain’s Jihan Wu Announces Two New Antminer 17 Miners

Other 2019/11/28 13:15 by Ali Raza
Bitmain Bitcoin

This week, Bitmain Co-Founder, Jihan Wu, announced the launch of two new Antminer 17 series miners at the World Digital Mining Summit.

The World Digital Mining Summit saw quite a bit of discussion earlier this year in October, but also a few very important announcements. One of them came from Jihan Wu, the co-founder of Bitmain, who announced two new additions to the famous Antminer 17 series.

The two new models include S17+ and T17+, both of which will bring new improvements to hashrate and power efficiency.

Details About the New Miners

According to Wu, Antminer S17+ will bring a hash rate of 73 TH/s, while its power efficiency will be 40 J/TH + 10%. T17+, on the other hand, will have a somewhat lower hash rate of 64 TH/s, while its power efficiency will be greater, sitting at 50 J/TH + 10%.

Wu also commented by saying that the Antminers will be the leading models of mining innovation. Wu said,

They each represent the future of its rig design and power efficiency.

He also added that Bitmain’s goal is to remain committed to researching and developing the miners‘ capabilities, which will ultimately allow the company to keep improving the devices further.

Another important detail about the miners is that they will use a new dual-tube heat dissipation technology, which also works to reduce fan noise. According to a report, the models also have a high temperature and fain abnormal protection mechanism, which will bring greater stability and allow miners to operate them safely.

Finally, both of the two devices will come with the Exposed Die package solution, which will allow them to easily adapt to mining farms, regardless of their size.

Wu also announced that the miners would be available for ordering on October 11th, and according to new information, the orders will start arriving within a few days, between December 1st and 10th of this year.

Bitmain Hopes to Regain Top Spot

As reported by Bitcoinist earlier this month, Bitmain’s dominance in the Bitcoin mining industry has been showing significant signs of struggle over the last 3 months. With high price volatility, internal disputes with the company’s management structure, and an increase in competition from other mining pools, Bitmain subsequently lost its place as the leading Bitcoin block producer.

The new release of the S17 mining rigs, combined with the recently announced plans for a new Texas mining farm, however, could be the critical catalysts that Bitmain needs in order to regain its grip on the industry.

What do you think about Bitmain’s new S17 series rigs? Leave your comments below!

Image via Shutterstock

The post Bitmain’s Jihan Wu Announces Two New Antminer 17 Miners appeared first on Bitcoinist.com.

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