COINMINER Antminer S17 56TH Review and Profitability Calculation Estimate

COINMINER Antminer S17 56TH Review and Profitability Calculation Estimate

Coin Miner Antminer S17 56Th/s Review

Antminer S17 56TH is a powerful mining device. The miner was released in April 2019 and is known as the Antminer S17-56TH/s. 

This miner is powered and manufactured by the Bitmain technology company based in Beijing, China and is sold by Coin Miner LLC mining company. 

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Antminer S17 produces a positive ROI when mining Bitcoin Cash, and it enables users to mine over 41 profitable coins including Bitcoin Cash, Free Cash, Mining Dutch, Nice Hash, Mining Rig Rental, Zpool and more. 

Antminer S17 56TH/s miner works with the SHA-256 algorithm and uses the 7nm BM1397 ASIC chips technology. 

This device has two versions: the Antminer S17 pro version, which provides a total hashing power of 50TH/s and the Antminer S17 pro with an absolute hashing power of 53TH/S. 

Antminer S17 miner produces a total hash rate of 56TH/s for maximum energy consumption of 2520W. 

The miner comes with a chip count of 144 and its maximum voltage is set at 12V. Its size is set at 178 x 296 x 298mm and it comes with an

 Ethernet interface. 

Antminer S17 humidity is set at 5-45 degrees centigrade, and it weighs around 9500G. 

Antminer S17 has an impressive power efficiency of 0,045J/GH. 

There are different mining pools associated with this miner this includes 

Poolin

Antpool 

Slush pool 

F2pool 

Nice Hash 

ViaBTC 

The miner has high noise and a sound level of 82 decibels, which is best for industrial use. It also comes with 4 cooling fans for system tempreture cooling.

 It is plug and plugs included and it adapts to various mining scenarios and chooses the most stable mining mode to achieve optional profits.

 It has a normal and low power mode designed by the Bitmain technology.

The Antminer S17 56Th/s technical specifications are

Manufacturer Bitmain Technology

Model Antminer S17 (56Th)

Also known as Antminer S17-56TH/s

Released year April 2019

Size 178 x 296 x 298mm

Weight   9500g

Chipboards 3

Chip name BM1397

Chip size 7nm

Chip count 144

Sound  level 82db

Fan(s) 4

Power 2520W

Input Voltage 12V

Interface connection Ethernet

Temperature 5 – 45 °C

Humidity 5 – 95 %

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Calculation Parameters

Power Consumption (Watts)
2520 W

Electricity Cost (per KWh)
$0.1

Coin
bitcoincash

Manufacturer
BITMAIN

Hashrate
56.0000000000 TH/s

Algorithm
SHA-256

Payback
690 days

Duration
226 days

Estimated Power Cost

Daily Power Cost
$6.05

Weekly Power Cost
$42.35

Monthly Power Cost
$181.50

Annual Power Cost
$2,208.25

Estimated Revenue W/O Cost

Daily Revenue
$9.12

Weekly Revenue
$63.84

Monthly Revenue
$273.60

Annual Revenue
$3,328.80

Estimated Profit After Cost

Daily Profit
$3.07

Weekly Profit
$21.49

Monthly Profit
$92.10

Annual Profit
$1,120.55

 

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