Our article is a complete Antminer S17 review released in 2019. One of the top manufacturers of mining hardware, Bitmain, made a significant release with it.
The Antminer S17’s launch date was officially announced by Bitmain, the leading manufacturer of mining equipment, on March 29th, 2019.
The main benefits and drawbacks of this miner will be discussed, along with comparisons to direct rivals, in this review.
Table of Contents
Antminer S17 Features
The second-generation BM1397 chip is used in S17 miners. An earlier model, the Antminer S15, introduced a chip architecture with a 7 nanometer size. The Antminer S17 has significantly more hashing power than the S15.
The newest Antminer S17 model outperforms the Antminer S15, which, depending on the mode of operation, produced 18 to 28 terahashes per second (Th/s). The significant technological advancements made by Bitmain’s product development team led to this notable increase in hashrate, which is roughly a doubling.
This new model represents a comeback for Bitmain after the S15’s hashpower fell short of expectations when compared to its competitors. The Antminer S17 has a PSU built into the miner’s chassis, similar to the earlier model, so you don’t need to purchase one separately.
Specifications of Antminer S17
Below you can find the overviews of the product specs, as supplied by the manufacturer:
| Hash rate | 35~50TH±3% / 50TH ±6% 35~50TH±3% / 53TH ±6% |
| Frequency | Auto |
| Fan | 4 fans @ 12 V and 2.4 A |
| Fan speed | 6000 rpm |
| Operating temperature | 0 – 40°C |
| Surrounding humidity | 10%~95%（non-condensing） |
| Noise（dBA,25°C） | 82 dB |
| No. of PCIE connectors | 1 |
| No. of hash board | 3 |
| No. of chips | 144 in total |
| PCB high temp protection | 75 °C |
| Power consumption | 1470~2100± 7% / 2250W ± 7% 1470~2100± 7% / 2385W ± 7% |
| Efficiency | 42J/TH± 10% 45J/TH± 10% |
| Voltage | PSU attached |
| Weight | 9.5 KG |
| Dimensions | 298.2*178.0*296.6mm |
| Packing weight | 11 KG |
| Packing dimensions | 486*388*265mm |
- Hash rate: The Antminer S17 has a hash rate of 53~56 TH/s (terahashes per second). This means that the device can perform 56 trillion hashes per second, making it one of the most powerful miners in the market.
- Power consumption: The power consumption of the Antminer S17 is 2520W~2385W (watts). This means that the device requires a lot of electricity to operate. However, the high power consumption is justified by the high hash rate of the device.
- Noise level: The Antminer S17 can be quite loud, and it has a noise level of around 80 decibels. This is similar to the noise level of a vacuum cleaner. However, the noise level can be reduced by using soundproofing materials.
- Chip quantity: The Antminer S17 features 144 chips, which are responsible for performing the hashing operations. The large number of chips allows the device to achieve a high hash rate.
- Hashing algorithm: The Antminer S17 is compatible with the SHA-256 hashing algorithm, which is used to mine Bitcoin and other cryptocurrencies. The SHA-256 algorithm is known for its high level of security and efficiency.
Overall, the Antminer S17 is a powerful and efficient mining hardware that is designed for serious miners. Its high hash rate and compatibility with the SHA-256 algorithm make it an excellent choice for mining Bitcoin and other cryptocurrencies. However, its high power consumption and noise level may be a concern for some users.
Antminer S17 Performance
The Bitmain Antminer S17 has a sleek and modern design, and it is quite compact for its power. The cooling system of the device is efficient, and it consists of two fans and a heat sink. The interface of the device is user-friendly, and it can be controlled through a web-based interface. The controls are straightforward, and the device is easy to set up and operate.
In real-world tests, the Antminer S17 performed exceptionally well, and it managed to maintain a stable hash rate without any issues. The efficiency of the device is quite good, and it is highly profitable in the current market conditions. When compared to other miners, the Antminer S17 stands out due to its high hash rate and low power consumption. However, it is important to note that the device can be quite loud, which can be a potential issue for some users.
Antminer S17 Price and Profitability
The price of the Antminer S17 varies depending on the variant, seller, and availability. In today’s market the price of Antminer S17 varies from $2000-$6000. We offer the best price of Bitmain Antminer S17 with excellent customer service.
Bitmain Antminer S17 Pro (53Th)
Bitmain Antminer S17 (56Th)
The profitability of the Antminer S17 depends on several factors, including the current Bitcoin price, the mining difficulty, the cost of electricity, and the hash rate of the device.
Antminer S17 53T profitability:
According to today's market estimates (May 07, 2024), the current price of Bitcoin is: $63,661.22, the Bitmain Antminer S17 (53Th) can mine 3.782E-5 BTC per 24 hours, which is a profit of $-1.03 per 24 hours if the electricity cost is 6 cents/kwH.Antminer S17 56T profitability:
According to today's market estimates (May 07, 2024), the current price of Bitcoin is: $63,661.22, the Bitmain Antminer S17 (53Th) can mine 3.782E-5 BTC per 24 hours, which is a profit of $-1.03 per 24 hours if the electricity cost is 6 cents/kwH.It’s important to note that the mining difficulty can change over time, which can affect the profitability of the Antminer S17. In addition, the Antminer S17 has a high power consumption of 2094W, which can also impact its profitability
Community Adoption and Competition
Both batches of the S17 and S17 Pro, as I’ve already mentioned, were quickly consumed. Initial batches were limited to a maximum of 10 units per order to encourage individual rather than industrial-scale miners obtaining S17 miners. However, it’s challenging to gauge the true level of demand from small miners, so this may have been more of a marketing gimmick than a sincere effort.
Numerous significant corporations have invested in the still surprisingly lucrative mining sector, most notably Fundamental Labs, an Asian venture capital firm that paid $44 million USD to purchase the S17 miner as soon as it was released. A sizable number of businesses and mining farms have already purchased this miner.
This miner is already being used by many mining farm operators, and there is a lot of conversation about it in the cryptocurrency community. However, there are some reservations in the cryptocurrency community regarding the rivalry that Bitmain is up against, which also includes InnoSilicon and MicroBT.
Considering the facts, InnoSilicon is not a legitimate rival, despite the fact that some people have been vocal about presenting a scenario in which InnoSilicon is a superior choice to Bitmain.
Their miners are typically slower and less effective at this time. MicroBT, a different Chinese business with a Shenzhen headquarters, is a rival to be found, though.
Their most recent model, the Whatsminer M20S, achieves impressive 70 th/s for a low 47 J/th electrical efficiency rate, or roughly 3360 Watts per hour. It is a fierce rival to Bitmain’s Antminer S17 at a retail price of around $2320.
Antminer S17 Review Summary
Overall, the Antminer S17 is an excellent miner that is highly recommended for anyone who is serious about cryptocurrency mining. The device has a high hash rate, efficient cooling system, and user-friendly interface. Although the device is quite loud, it is a small price to pay for the high profitability of the device. If you are considering investing in a mining hardware, the Antminer S17 is definitely worth the investment.
FAQs
How Much Money Can You Make With Antminer S17 Pro?
Of course, if you calculate the net profit, you also need to deduct the cost of purchasing the mining machine.
If you choose to host the miner, you will also need to deduct the hosting fee.
How Long Does An Antminer Last?
ASIC Antminer typically lasts 2.5 years. The Antminer S9 is included in this as well, and the S17 and later machines are subject to the same time frame. To accurately determine whether you can, in theory, recoup such purchases or whether they are pointless, you must know the product’s lifespan.
Read more: The Lifespan of Antminer S17: How to Extend Your ASIC Miner’s Lifespan
What Can Antminer S17 Mine?
Coin Mining Central sells the Antminer S17 Pro, a SHA-256 algorithm mining device. It is able to mine Bitcoin (BTC) with a maximum hashrate of 53,000,000,000,000 H/s for a 2094W power consumption.
