Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.

The Antminer S17 is the latest in the company’s line of fabless mining chips. According to the post, the chips, which are expected to go on sale from April 9, 2019, will provide an energy-efficient means of mining popular cryptocurrencies such as bitcoin and bitcoin cash.

The miners will be fitted with the 2nd generation 7nm ASIC BM1397 mining chips which Bitmain claims would provide a 28.6 percent improvement in power efficiency.

According to Yanxin, Bitmain’s product manager, the improved energy efficiency of the S17 miners will lead to “improved performance compared to the previous generation chip” and the increase in the “hashrate density per unit space,” which reduces costs for mining farms.

A Fortuitous Launch Date?

The timing of the S17 series launch appears to be following a strategic pattern. The Bitcoin halving is…

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Source: https://thebitcoinnews.com/bitmain-announces-antminer-s17-date-can-it-turn-the-companys-fortunes-around/