Antminer S17 Preview and Comparison: Setup and Income

The chronicle of the development of mining devices is somewhat similar to the evolution of life on Earth. Once upon a time, cryptocurrency mining was carried out on central processors at a speed of 20-30Mh / s, and modern ASIC devices can develop 50Th / s, which is about 2,000,000 times more than the hash rate of the first miners.

More recently, the Antminer S15, accelerating to 28.00 Th / s, was one of the most productive miners for bitcoin mining, and now the developer announced the launch of the bitmain antminer S17, which is much superior to the S15 in all respects.

Device specifications and comparisons

Let’s take a closer look at the ASIC S17 characteristics and differences from previous versions of Antminer. If we compare S15 and S17, then the new drilling rig demonstrates a speed almost 2 times higher than the ASIK S15.

Bitmain is more productive, energy consumption increased by 55-70%, dimensions, and operating temperature of the devices remained almost unchanged. The weight of the new miner increased by 2.5 kg and it became louder, which is not surprising with four fans. But a two-cooler system simply would not have coped with heat dissipation at such a high acceleration.

Where to buy and how much does it cost

On the bitmain website, all antminer S17s are sold.

Wholesalers bought up the first batch of devices before the launch. If you want to buy an asic antminer S17 in Moscow, go to the website http://51asic.ru. Here you can order the Antminer S17 Pro model, which works in three modes. Estimated delivery time to Moscow is May 10-15, the number of devices is limited.

How to connect and configure

1. First of all, inspect the new miner. Look for signs of damage. If the package is damaged, take a photo of it before opening and inspecting the device. If ASIK is also damaged, contact support immediately.
2. Examine the miner carefully for aesthetic damage, check for dents and cracks. Make sure all fan blades, cables and connectors are intact. If you notice any damage or defect, please contact support immediately.
3. Check the fastening of the radiators, look into the openings of the front and rear fans of the miner, and to be sure, turn the unit over several times. If you find loose heatsinks, contact support immediately.
4. Inspect miner cables and connectors. Make sure they are not loose or broken.

Precautions for use:

• There is no PoE support.
• Use only an Ethernet network connection through a router or switch.
• Operate the miner at temperatures between 5 and 35 degrees Celsius.
• Air humidity should be below 65%.
• Keep the miner free of dust
• Supported browsers: Google Chrome and Firefox.
• The power connector and power supply cord must be firmly connected.

Configuring antminer S17 starts with finding the miner’s IP.

1. Start the miner and wait for the green indicator to flash
2. Download the search utility

IP: https://service.bitmain.com/support/download.

3. Open the downloaded IP search program and click “Start”.
4. Press the “IP Report” button on the miner to determine the IP address.
5. Enter the miner’s IP address into a supported browser. A dialog box appears asking you to enter your login credentials (root/root).
6. Enter IP address, Subnet mask, SWG, DNS, then click Save and Apply.

The next step in configuring antminer S17 is connecting to the pool.

1. Click on the “Miner configuration».
2. Enter the mining pool URL and miner name (in the Worker section). There is no need to change your password.
3. Select one of the operating modes (S17 Pro has three modes / S17 has two modes).
4. Click “Save and Apply” to connect to mining pools.

The visuals use Antpool. Feel free to use other mining pools. Checking the status of the miner and setting up antminer S17 is complete. It will take 5 to 30 minutes to start mining. Always check the average hash rate, not just the real-time mining speed.

Calculation of payback and profitability

Before buying a mining device for over $ 2,700, you need to figure out its payback period. The online calculator WhatToMine will help to calculate the daily profitability for the miner antminer S17. We go to the Miners section and look for our model in the list of devices. The price of electricity may differ slightly, depending on the region of the country, we will set $ 0.06 / kWt, with such a cost of electricity, the most cost-effective antminer S17 Pro in Normal mode brings 6.14 $ net income per day.

When working in turbo mode, the S17 Pro earns $ 13 per day, excluding the cost of the socket. Of course, these calculations are not final, just today bitcoin dropped slightly, as soon as the coin rate goes up again, the profitability of ASIK antminer S17 will instantly increase.

According to various forecasts, the value of the main cryptocurrency by 2020 will rise by 300-1000%. Whether it is true or not, we’ll see, but it is obvious that the era of fiat money is coming to an end. Traditional currencies will sink into oblivion, as happened with the silver piastres and gold doubloons of the time of Captain Flint. Today’s gentlemen of fortune do not sail, but sit in comfortable armchairs in front of computers. But that’s a completely different story.

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