BitmainAntminer S17 – The ideal machine to mine Bitcoin

 

Cryptocurrency mining is a complex activity that requires adequate equipment. The increase in the difficulty of this operation requires the use of ever more efficient machines. Antminer S17 is one of the hit products for miners.

Antminer S17 Pro is an equipment with SHA-256 algorithm sold by Coin Mining Central. It can easily mine Bitcoins with a max hash rate of 53,000,000,000,000 H/s for a power consumption of 2094W. 

Many cryptocurrency enthusiasts are wondering how to mine Bitcoin (BTC), or any other digital currency based on Proof of Work technology. To do this, you need to obtain equipment dedicated to this activity.

There are many different types of hardware available, at widely varying prices. In this multitude of offers, it seems that the BitmainAntMiner S17 models of the S17 and T17 type from Bitmain are currently experiencing problems. Figures give them a failure rate of between 20% and 30%, while they should not exceed 5%. A reality that seems to affect other models of the competition as well.

At the same time, the implementation of the Bitmain Antminer S17 version of the AntMiner seems to be a success. Launched recently, this model is however encountering problems with delivery times, due to the coronavirus.

The entire infrastructure of a bitcoin-like blockchain is based on mining. This somewhat outdated term designates the operation by which a block (i.e. a group of operations and transactions) is validated by one of the members of the network.

Blocks are validated against each other in a chain (hence the term blockchain). To create a valid block in the bitcoin blockchain, a very complex mathematical problem must be solved with the computing power of a computer, a graphics card, or even so-called ASIC chips.

When a block is mined, and validated by all the members of the network, the miner (the one who makes his computing power available), receives a reward for his work (the reward block). Currently, a block validated by the network is worth around 12.5 bitcoins to its miner. This figure is halved approximately every 4 years.

We at bitmainexpress.com, are authorized distributors and wholesalers in a wide range of high-quality products. Our company is registered and located in the heart of the city.

If you want to jump into this business and looking for an Antminer s17 price, do not hesitate to contact us. 

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