Have you chosen an ASIC machine as a result of our bitcoin mining guide? If you want to mine cryptos based on the SHA-256 algorithm, such as Bitcoin (BTC), the Bitmain Antminer S17+ is one of the most modern and powerful models available.
The Antminer S17+ is one of the most recent models manufactured by Bitmain, one of the leading ASIC producers (located in China). It outperforms its immediate progenitor, the Antminer S17, in terms of both raw hashing power and energy efficiency.
So that the Antminer S17+ no longer holds any surprises for you, let’s look at its technical specifications, then the algorithm to which it is dedicated, and finally the cryptocurrency it can mine.
Technical specifics Antminer S17
The Antminer S17+ has a computational power (or hash rate) of 73TH/s (TeraHash per second), which places it towards the top of the existing basket of dedicated mining machines.
Its energy efficiency is 40 J/TH (Joule by TerraHash), placing it among the finest ASICs available today.
It consumes 2920W of electricity (Watt). Its power remains clearly demanding in terms of electricity.
The characteristics listed above are unquestionably the most crucial to consider, especially when comparing them to other models. Furthermore, it is worth noting its pricing, which is €2,110 at the Mining du Coin shop.
Here is the rest of the Antminer S17+ spec sheet :
- Dimensions : 175 x 298 x 304mm
- Weight : 11kg
- Noise in operation : 75db
- Number of fans : 4
- Voltage : 220V
- Interface : Ethernet
- Recommended operating temperature range : 5°C to 35°C
The Antminer S17+ Mines Algorithm and Cryptocurrencies
The Antminer S17+ from Bitmain is specialized to SHA-256 algorithm computations. Of course, the most important cryptocurrency that uses this method for Proof of Work (PoW) consensus is Bitcoin (BTC). The vast majority of Bitcoin forks, such as Bitcoin Cash (BCH), have also kept SHA-256, making them mineable with the Antminer S17+.
Mining profitability, on the other hand, must consider various characteristics, some of which vary over time, such as difficulty (which normally rises over time), or special occurrences, such as the halving (which will divide the mining rewards by of them).
In other words, at the time of writing, it is difficult to predict which cryptocurrency will be the most profitable to mine with the Antminer S17+.
But don’t be alarmed! Calculation tools are available on the Internet to assist you in estimating this profitability as accurately as possible.
At the time of writing, we will utilize the excellent whattomine.com to determine which cryptos are the most profitable to mine with the S17+.
With a power cost of $0.15/kWh, the net profit would be as follows:
- $5.94 per 24h to mine Bitcoin Cash (BCH) – or $12.95 gross excluding electrical cost;
- $5.48 per 24h to mine Bitcoin SV (BSV) – or $12.49 gross excluding electricity cost;
- $5.41 per 24h to mine Bitcoin (BTC) – or $12.42 gross excluding electricity cost;
- $4.86 per 24h to mine DigiByte (DGB) – or $11.87 gross excluding electrical cost.
We can quickly observe the impact of the cost of power on the machine’s performance, thus it is an important factor to consider.
Conclusion – Antminer S17+
Bitmain’s Antminer S17+ is unquestionably one of the most powerful and efficient models available today. Its high level of energy efficiency is unquestionably a plus.
Whether you want to improve an existing mining farm or get started in crypto-mining with some of the most cutting-edge gear available, the Antminer S17+ is the ASIC for you.
1.71 USD / Day. * Please keep in mind that these are simply estimates based on prior performance; actual numbers may be lower or higher.
Calculating the Time Required to Mine One Bitcoin
After the Bitcoin halving in 2020, a configuration of 25 Bitmain AntMiner S17+ (73TH) models will take 60 days to mine 1 BTC.
With an average power cost of $0.05 per kWh, the Antminer S9’s breakeven price is roughly $16,500. At a cost of $0.05 per kWh of power, a single S9 device may provide an estimated daily profit of $1.50.
Simply said, any miner designed to mine Bitcoin can mine anything that employs the encryption employed by Bitcoin. To put it another way, any SHA256-based miner, such as Antminer, may mine SHA-based currencies like Litecoin and Bitcoin.
The T17, S17, and S17 Pro versions all include the BM1397AG chip. The BM1397AG is useful in an ASIC repairer’s inventory because it is found on numerous hash boards and contains all models.
To begin, use a web browser and input the miner’s IP address. A dialog window will appear, prompting you to input your login credentials; both the username and password are “root.” Select “Static” from the Protocol selection list when you click the “Network” tab.
The Antminer S17 can generate between 50 and 56 TH/s, depending on the version and batch.
According to White Crypto, it seems that the Antminer s17 is compatible with immersion cooling.
However, if ASICs are stored in harsh or bad circumstances, they can decay in as little as a few months. Taking proper care of an ASIC miner, on the other hand, may extend its lifespan by more than 5 years. Many miners are still profitable with their Antminer S9s, a 2016 model.
An Antminer S9 might be overclocked to generate 16 TH/s at 1600 W consumption instead of 13.5 TH/s at 1200 W consumption.