Bitmain Plans to Build Mining Farms in Quebec

Chinese giant of the mining industry has already started negotiations with local energy departments
15 January 2018   1059

The world's largest manufacturer of mining equipment, Bitmain, is considering opening a mining center in the Canadian province of Quebec, CoinDesk reports.

Chinese giant of the mining industry has already begun negotiations with local energy departments. Representatives of Bitmain reported that the company has been engaged in the production of bitcoin and other crypto-currencies in North America since 2015, but did not specify the specific region.

Quebec is indeed an attractive region for the opening of mining farms for the production of bitcoin. The province has surpluses of inexpensive hydroelectric power, which local authorities are ready to offer technology companies. In addition, the cold climate contributes to the productive and reliable operation of ASIC-miners.

According to the director of business development of Hydro Quebec, "three or four" world's largest mining companies are considering Quebec as a new region for mining farms. 

Bitmain to Unveil Antminer 17 Series Specs

Antminer S17, Antminer S17 Pro and Antminer T17 will be equiped with new 7nm chips
09 April 2019   246

Bitmain, a leading manufacturer of mining equipment, announced the specifications of the new 7-nm Antminer 17 Series devices, sales of which will start on Tuesday, April 9.

New devices include the Antminer S17, Antminer S17 Pro and Antminer T17. All of them are equipped with the new 7 nm chips of the second generation BM1397 and, according to Bitmain, are the most advanced miners for mining BTC and BCH.

Antminer S17 is presented in two versions - models with 56 TH / s and 53 TH / s hashrate with two mining modes. In the normal mode, the energy efficiency of both models is 45 J / TH, in the energy-saving mode - 42 J / TH.

Antminer S17 Pro also comes in two versions - models with a capacity of 53 TH / s and a 50 TH / s with three modes of mining, offering "higher customization and the ability to switch between different settings." The energy efficiency of both models in turbo mode is 45 J / TH, in normal mode - 39.5 J / TH, in energy saving mode - 36 J / TH.

Sales of the Antminer T17 will start at a later stage, and their specifications have not been disclosed.

Sales of Antminer 17 Series will start on April 9th and will occur in two installments at different times for different regions. Prices for devices have not been disclosed.