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Bitmain Announces New Antminer Series, Promises to Compensate Late Orders

Bitmain, one of the world’s premier miner manufacturers, has stepped up its game with the release of two new Bitcoin miner models: the S17e, and the T17e.

As announced September 6th on Bitmain’s blog, the new miners have just gone on sale today, September 9th. As per usual, the upgrades to mining performance come at a time where Bitcoin mining is increasingly difficult to do whilst maintaining profitability.

As detailed by Bitmain, the new Antminer S17e has a hashrate of 64 TH/s (Terahash per second) and a power efficiency of 45J/TH. As an alternative, the T17e model offers 53TH/s and a power efficiency of 55J/TH.

Of the two, the T17e is far more budget friendly, albeit with lower hashrates and overall power efficiency. Depending on one’s electricity bill, the T17e could certainly be a more viable option in the short term.

The Antminer S17e is presently selling for $2784 USD, with the T17e going for a substantially lower $1665 USD. At the time of writing, the first batch of miners is sold out, and is expected to ship between the 1st and 10th of November.

Each batch of miners consists of a single day of sales. Purchasing on September 9th, 10th, and 11th will grant you an arrival date between November 1-10, 11-20, or 21-30, respectively.

Compensation Coupons

Included in the purchase is Bitmain’s guarantee of compensation should miner delivery be delayed. Due to the competition involved in today’s mining pool, a slim delay in arrival of an ASIC could leave to massive profit losses for the customer.

To compensate, Bitmain offers to compensate customers by coupon for each day the shipment is delayed, based on pay per share (PPS) rewards represented in the current mining pool. Electricity costs will indeed be deducted from the compensation, much to the dismay of anyone with a friend in the postal service willing to lend them a hand.

About author

A cryptocurrency enthusiast since 2015, Alex has been passionate about decentralization and open source technologies for far longer. He has since involved himself in related media, hoping to spread the word and publicize the benefits of decentralization in today's world.
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