The Antminer T17 SHA-256 40 TH/s offered on the cloud mining company ECOS is a powerful Bitcoin SHA-256 mining algorithm. This miner is hosted for interested users to make mining very efficient and profitable. In this article, we will review the Antminer t17 profitability.
BTC mining: from hobby to global industry
In 2009, the only hardware needed to mine Bitcoin was a basic home computer. These computers would run standard multi-core CPUs that would produce BTC at a rate of 50 per block. This would equate to a few dollars a day profit.
Ten years later, Bitcoin mining generated $5 billion in revenue in 2019. Despite the fluctuations in industry growth, these figures indicate an overall increased demand for bitcoin miners.
These demands first intensified in October 2010. It happened when the code for mining bitcoin with GPUs was released to the general public. Although the public could mine Bitcoin for themselves, it quickly became clear that scaling hash rates still wasn’t easy for GPU users. It wasn’t until FPGAs were introduced that mining really started to scale because FPGAs are more power-efficient than GPUs.
By 2012, the mining industry was pushed even further with the introduction of ASIC technology. These miners replace the need to tweak the field-programmable component of FPGAs after purchase. It happened with Carefully designed for specific use in cryptocurrency mining. As there will always be a need and approach to making a given calculation more efficient, ASICs have been a natural progression in the bitcoin mining industry.
Antminer is born
By November 2013, Bitmain introduced its own ASIC: the Antminer S1, which had a hash rate of 180 GH/s. Just a few months later, the Antminer S2 model was released, with a significantly higher hash rate of 1 TH/s.
Bitmain’s ASICs have rapidly become more powerful and power-efficient over time.
What is Antminer t17 profitability?
Antminer T17 40 TH/s generates a total hash rate of 40 TH/s with a total power consumption of 2200 W. It features an Ethernet network connection with a power efficiency of 0.055 J/GH. This device can also mine over 40 different coins, but Bitcoin (BTC) is the most profitable coin its mines.
Antminer T17 is an advanced custom chip designed with an industry-leading hash rate and power efficiency. Antminer T17 is powerful supercomputing hardware designed to secure the cryptocurrency network and strengthen blockchain technology.
This awesome miner was developed and manufactured by technology holding Bitman, a global semiconductor industry that produces cutting-edge IC designs including artificial intelligence (AI) applications, blockchain cloud solutions, servers, and ASIC chips to enhance Blockchain technology.
Antminer T17 40 TH/s costs 3114 USD on the ECOS platform, this price includes the power supply. To continue enjoying this wonderful device, note that the required input voltage for this device is 220V. Users must prevent incorrect input voltage to avoid damage.
Also, Antminer T17 has a network connection mode of RJ45 Ethernet 10/100M and a maximum weight of 11500G. Released in May 2019, this powerful miner is one of the most powerful bitcoin miners developed by Bitmain.
The Antminer T17 specifications:
|Antminer T17 (40Th)
|298 x 178 x 296 mm
|5 – 45 °C
|10 – 90 %
Antminer t17 profitability: Miners’ comparison
The Antminer t17 profitability is 2.91USD per day which is more than The Antminer S17e profitability (2.81USD per day). The profitability of Bitmain Antminer t19 is 1.88USD per day with a hashrate of 84Th/s and power of 3150W. So the profitability of Antminer t19 is also less than the Antminer t17 profitability. The profitability of Antminer DR5 with using 34Th/s mining power is more than The Antminer t17 profitability.
Why Bitcoin cloud mining?
An unknown individual or group called Satoshi Nakamoto introduced the Bitcoin network in 2009. In 2021, there will be more than 10,000 different projects in cryptocurrencies. So each of them has its role in building the future of money.
The market value of cryptocurrencies reached $ 1 trillion for the first time in January 2021. It passed $ 2.5 trillion less than three months later. So it shows that this market is one of the growing markets favoring its investors.
The Minerland Bitcoin Cloud Mining is a cloud miner website. It will join a pool and purchase a certain amount of hash power. In this pool, the profit will distribute equally among all participants who have participated in the mining pool. It will happen based on hash power. Also, the cloud mining platform allows you to mine your BTC. You can do it without installing any hardware and at no extra cost. So Minerland is the best crypto cloud mining service to earn Bitcoin. It helps you invest in Bitcoin easily and with low risk. For more information about us, you can follow Minerland’s Instagram account.