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Antminer S17e profitability

What is the Antminer S17e profitability?

  • 4 July 2022
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The Antminer S17e 64TH mining gadget is proudly manufactured by Bitmain Bitcoin Mining Equipment Manufacturing Company based in Beijing, China. Coin Miner LLC Company offers this miner to impress interested users. One of the best and most recommended crypto mining equipment providers is AsicminerMarket. They offer affordable and profitable mining hardware and have proven their trustworthiness over time. Antminer S17e, also known as Antminer S17e 64TH/s (266A), operates on 7nm BM1397 ASIC chip technology. In this article, we will review the Antminer S17e profitability.

Antminer S17e profitability review

This powerful miner uses the SHA-256 mining algorithm, one of the safest and best-performing algorithms.

Released in November 2019, it can mine 40+ coins including Bitcoin (BTC), Bitcoin Cash (BCH), Acoin (ACOIN), Peercoin (PPC), Curecoin (CURE), BitcoinSV (BSC), Terracoin (PRC), Embark (DEM), Unbreakable (AWB) and Joulecoin (XJO).

Antminer S17e 64TH has a strong power consumption of 2880W and produces a maximum hashing power of 64TH//s.

The device has a model designed for stable long-term operation to reduce maintenance costs for users.

The miner was built with heat dissipation technology to reduce the effect of the heat generated by the miner to ensure that the heat is efficiently reduced to enhance and efficiently dissipate heat from the device. Antminer S17e 64TH is one of the miners on the market with a very high noise level of 8dB.

However, this high noise level indicates that the device is removing a lot of heat, so miners should consider placing the miner in a non-residential area.

Antminer S17e 64TH is equipped with a more secure system to handle and avoid malicious effects. This wonderful miner has a supply voltage of 12V and is connected to Ethernet. It comes with 4 temperature cooling fans to avoid overheating.

Antminer S17e has an overall temperature of 5 to 45 degrees Celsius and a humidity of 5 to 95 percent. The miner has a size of approx. 175 x 304 x 338 mm and a gross weight of 1055 g. The Antminer S17e 64TH/s mining rig is highly profitable for Crypto mining.

S17e

Antminer S17e specifications

Manufacturer Bitmain technology
Model Antminer S17e (64Th)
Also known as Antminer S17e 64TH/s (266-A)
Released year November 2019
Size dimension 175 x 304 x 338mm
Weight 10500g
Chipboards 3
Chip name BM1397
Chip size 7nm
Chip count 144
Noise level 80db
Fan(s) 4
Power 2880W
Voltage 12V
Interface connection Ethernet
Working Temperature 5 – 45 °C
Humidity 5 – 95 %

S17e Return on Investment (ROI)

Finding a good deal on the S17e can be a difficult, or at least expensive, task. Most used Antminer S17e miners are sold at an absurd price considering the original price quoted by the manufacturer. It is safe to say that buying used is not recommended for everyone.

The time it takes for a miner to recoup its initial price and operating costs is usually the determining factor in any rational purchasing decision. The longer the projected time for a miner to reach profitability, the less likely it will ever be.

This is due to the ever-increasing competition in the mining space, which increases the mathematical difficulty of mining. Antminer S17e is a pretty reliable choice for miners at the time of writing. However, any volatility in the price of the cryptocurrency will affect this calculation, as will fluctuations in electricity charges.

You may be reading this review at a time when Bitcoin’s price or difficulty is different than what I used in the example. In this case, use the mining calculator and do your calculations – the price and difficulty will be updated automatically.

The calculations give about 1 year in which the miner has to pay back. However, you need to keep in mind that these numbers are heavily influenced by miners’ electricity fees.

Is Antminer S17e profitable?

The Antminer S17e profitability shows that is a profitable piece of hardware (in current terms) that still yields a positive ROI when mining Bitcoins. However, as more companies enter the mining hardware market, if you can’t find an S17 at a decent price, it becomes easier to find cheaper alternatives to Bitmain.

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 the process of participating in a mining pool to a cloud miner website and purchasing 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 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.

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