Bitmain Releases Next-Gen Bitcoin ASIC Miner with 7nm Tech in Hopes to Crush the Competition

Bitmain has released a new Antminer, dubbing the latest next-gen model the T17. The newest model boasts a processing power of roughly 40 terahashes per second (TH/s) and delivers fantastically on power efficiency with numbers likely to reach 55 joules per terahash (J/TH). This is thanks to the Antminer T17 being equipped with second-generation TSMC (Taiwan Semiconductor Manufacturing Company) semiconductors using the 7nm fabrication process.

While the company released a new S17 series recently, the announcement of the T17 has it as “coming soon”. However, the press release did say that the Antminer T17 was capable of up to 40 TH/s. This is the mining rig that will process the SHA-256 algorithm that allows users to mine for Bitcoin (BTC) and Bitcoin Cash (BCH).

New feature aplenty

Among the new features announced by Bitmain, two of the more interesting pieces of information were regarding air intakes. According to the announcement that company issued “The space between the air inlet to the air outlet has been reduced by 50%, improving heat dissipation which further enhances the long-term operation of the miner and reduces maintenance costs for users” and along with there is an improved design to limit dust entry. This is good news to all serious Bitcoin miners as dust is the enemy of maintenance. The improved heat dissipation is also some good news for those that want their Antminers to last longer than they have before.

Only having these two new features would give many a reason to consider buying these products over older products, particularly since they will definitely shoot up in the rankings of most profitable miners on the Top 10 list.

The prices are rumored to be around 1300 US dollars per unit and the company has said that it will limit them to 10 per customer, meaning that the market is already in love with the improvement mentioned. The company has also said that the units will ship on a first-paid basis with the first batches tentatively scheduled for May 5th.

The power consumption of the unit is rated at 2200W and weighs in at 11.5KG, give or take. One key aspect to the new unit is the APW9 power supply, which is a new and improved version that many hope will allow users to mine for longer while keeping stability a priority.

Competition eating dust

This new miner has been released amid increased competition in the mining rig space. Canaan has released the Avalon series, which do not want for TH/s but they fall far behind in efficiency. This is likely due to the usage of 16nm chips which are far less power and compute efficiently than those on a 7nm fabrication process.

The new Whatsminer claims to have a hashing power of 70 TH/s and achieves this with a 12nm chip, also from TSMC. However, many industry experts think that power efficiency will simply not be as good the new Antminer T17, not to mention that the Whatsminer is only going to be released in August of this year.

This has shown that Bitmain is still king of the hill in the mining rig space and that no matter how many attempts to dethrone it, it will still rule the roost for quite some time to come.

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