Two of the Largest Mining Rig Manufacturers Announce New Generation Devices

Two of the Largest Mining Rig Manufacturers Announce New Generation Devices

Bitmain Technologies mining rig

According to a recent report, Bitmain Technologies and Canaan Creative which are the two largest mining rig manufacturers in the industry have revealed new devices which are able to process the SHA-256 algorithm. Both firms are preparing to start selling these new devices this spring. Preparations include the arrangement of new facilities in order to use the wet season in China to the advantage.

Antminer 17 Series Set To Start Selling on April 9

Two of the industry’s largest manufacturers have announced the launch of new devices and have revealed specific dates when these devices will be available for purchase by bitcoin miners.

One of the two companies, Bitmain revealed that the Antminer 17 series which consists of the Antminer S17 Pro, Antminer T17, and the Antminer S17 will be available for sale on the 9th of April and they come packaged with Bitmain’s newly improved second generation 7nm ASIC BM1397 mining chips.

Yangxin, the product manager for Bitmain’s latest Antminer series while giving his statement shed some light on some details about the relationship between the company and the semiconductor foundry TSMC.

He said:
“The new miner offers a steep improvement in the hashrate in terms of space and power consumption,”

Speaking further, he revealed that TSMC’s 7nm Finfet process was used in producing the BM1397 chips and that the improved 17 series is expected to provide miners with improved efficiency of 28.6% compared to the former 7nm equipped model which uses the BM1391.

He then said that the future of mega-efficient SHA-255 miners will go beyond the 7nm scope, stating that:

From a technical point of view, there is no end to the development of technology. However, in the short run, the driving force behind the development of next-gen miners beyond 7nm chips is slowing down due to physical limitations,”

“With the nm size shrinking quantum effects, among other new challenges, come into play. It is promising that TSMC (Taiwan Semiconductor Manufacturing Company) is already in the process of building 5nm chips.” He added.