Bitmain has announced the release date of Antminer S17. When to wait?

Chinese mining giant and manufacturer of Asimov Bitmain has revealed the launch date for the new power efficient miners Antminer S17. The new equipment will be on shelves April 9. New miners will be equipped with 7-nanometer ASIC Bitmain chip, which received index BM1397. It is designed for mining cryptocurrency on the SHA256 algorithm that is Bitcoin and the Bitcoin Cash. This news appeared on the official blog on March 29.

A total of 9 April to present three new miner: Antminer Pro S17, S17 Antminer and Antminer T17. According to product Manager to Bitmain, which is responsible for a new line, the new miners guarantee a “significant increase Hasrat and require less space and energy”.

Chips BM1397 enhance the efficiency of 28.6 percent compared to the previous 7-nanometer chip Bitmain BM1391.

The representative of Bitmain also described some of the benefits of new miners with the potential to improve the performance of the mining farm with new 7-nanometer chips.

Technology continues to evolve. But in the short term […] the task of mass production of nanometer scale require a large investment, research and development. […] In the near future, the standard 7 nanometers is most preferred from the standpoint of performance and economy.

Bitmain is not a particularly endured a protracted bear market in the past year. It seems that now the company has high hopes for halving Bitcoin in 2020, which could potentially become a significant catalyst for the stock market.

We will remind, quite recently, Bitmain allegedly deliberately got rid of 100 thousand Antminer L3. Apparently, the company really released the warehouses for the launch of a new line of miners. More data look at cryptodata.

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