Bitmain Release new 7NM Chip and Antminer S17 & T17

[jabby]

Bitmain has released it two new antminers. The new Antminer s17 and the new antminer t17. Both of these 2019 new bitcoin and bitcoin cash miners will be using the newest and most efficient 7nm chip the BM1397 7nm ASIC bitcoin mining hardware.

Here is the press release:

Or you can view the youtube video here:
https://youtu.be/vbxiE61RfPc

Bitmain Technologies Limited, today announced its next generation 7nm ASIC chip, BM1397, which achieves new feats in performance, chip area and energy efficiency for mining cryptocurrencies such as Bitcoin (BTC) and Bitcoin Cash (BCH), that use the SHA256 algorithm for their Proof of Work (PoW).

The new BM1397 chip requires lower power and can offer an energy consumption to computing ratio as low as 30J/TH. This is a 28.6 percent improvement in power efficiency in comparison with Bitmain’s previous 7nm chip, the BM1391.  To achieve this, Bitmain’s engineering team has thoroughly customised the chip design to optimise its architecture, circuit and economics. The chip is made using TSMC’s 7nm FinFET process.

The BM1397 is a testament to Bitmain’s improvements in chip design methodology and deep understanding of the most advanced semiconductor fabrication technologies.

Today’s announcement follows Bitmain’s on-going commitment to the development of high-performance computing chips and is a part of its aim to help advance the cryptocurrency ecosystem. Bitmain’s innovations enable anyone, anywhere to mine and benefit from cryptocurrencies. The BM1397, part of Bitmain’s growing chip portfolio, is designed to bring a better mining experience and aims to set a new benchmark in ASIC chip technology.

The BM1397 chip will feature in new Antminer models the S17 and T17 that will be announced by Bitmain at a later date.

You can read it yourself here: https://blog.bitmain.com/en/bitmain-announces-next-generation-7nm-asic-chip-for-sha256-mining-delivering-breakthrough-energy-efficiency/

[HagssFIN]

Wow,
those are some efficienct numbers if they are able to do it for the final product

[Steamtyme]

Can't say I saw that big of a leap in improvement coming so early, that's huge.

I wonder how far out these are from production. If they aren't planning on changing their overall design, it's easy enough to announce their product launch after the first test chips. Anyone think we'll see these selling in September with a November delivery?

[philipma1957]

Can't say I saw that big of a leal in improvement coming so early, that's huge.

I wonder how far out these are from production. If they aren't planning on changing their overall design, it's easy enough to announce their product launch after the first test chips. Anyone think we'll see these selling in September with a November delivery?

No :

The key is if trump tax gets lifted  trump is meeting with china leader very soon so an announcement that the tax is lifted may happen.

If I need 10 megawatts of gear and I am USA located  this announcement makes me wait.  
As it clearly means that I would want this over the m10 or the S15 if the trump tax is lifted.

So I think this announcement was made early.

I also think the trump tax lifts  bitmain drops the s15 to 950  and with no trump tax it sells better then the m10. that mean no need to speed up the s17

So the s17  should arrive in Jan or Feb next year at best.

As a USA guy this  announcement may stop me buying any more m10's and sitting on my  Clifton build out as it is now.

20 s9i's
7 m10's
1 a921
2 a721
1 innosilcon t2turbo
4 s7 ln
1 s15
total of  550th  I had planned to do   more m10's and retired the older gear.

I now need to keep trump tax on radar and s17 on radar and s15 price drops  3 factors.

I also know 30 watts a th is not what this means.

the older 7nm is 37 and at the wall gets 50 on low speed  58 on high speed

do if 30/37 = 81%  then  40 watts on low speed and 46 on high speed is more like it.

[HerbPean]

The real question is how shitty they will be.

Their gear is now a shame in term of durability.

[sidehack]

Yeah... "now" it is...

Since the S5, S7 and S9 were all impressively reliable.

[NotFuzzyWarm]

Might add that until these show up in the wild - this belongs in Speculation.

[fanatic26_]

The real question is how shitty they will be.

Their gear is now a shame in term of durability.

Drink less hatorade and do a bit of research and you will find that bitmains quality and reliability are on par (if not better) with anyone else on the market other than Canaan. Since Canaan usually prices themselves out of the market, bitmain still provides the most efficient gear and the best prices.

[HerbPean]

Drink less hatorade and do a bit of research and you will find that bitmains quality and reliability are on par (if not better) with anyone else on the market other than Canaan. Since Canaan usually prices themselves out of the market, bitmain still provides the most efficient gear and the best prices.

Well it's my humble opinion and from my personal experience.

I would say my hosting facility would also agreed on that.

EDIt: it's also fine that we don't agree on my opinion

[minefarmbuy]

Might be an abundance of speculation here but the announcement is reality, the chip exists. I would expect for consumers this will be available by Q4'19 pretty safely. I'm more interested in how other manufacturers react. Since Canaan was mentioned I'm surprised we haven't seen more from them.

[Artemis3]

SO the S11, S15, T15, S17 and T17 are all 7nm? Why bother with so many models?

Ok NVM, i see the chip model number have increased as well. I wonder what will the pricing be, and when will MicroBT respond...

[sarcheer]

SO the S11, S15, T15, S17 and T17 are all 7nm? Why bother with so many models?

Ok NVM, i see the chip model number have increased as well. I wonder what will the pricing be, and when will MicroBT respond...

I believe the S11 is running BM's most advanced 16nm chip. Wasn't mentioned in the initial announcement of their first 7nm miners and the efficiency numbers don't line up to be running their 7nm chip.

[gt_addict]

With those kind of numbers could it mean a return for the home miner? I for one would love to have at least one machine with a decent profit margin and....dare I say it.....Low noise level  

[gt_addict]

They'll keep the same wattage so expect the same fan noise to dissipate heat, just higher hashrate for the wattage used.

Good point. With the new built in psu with "hardwired" power connections its not like I can take a couple of hashboards out and just run one to keep the noise down   Oh well I can only dream lol

[philipma1957]

What did they announce the 7nm first chip to be IIRC 37 per th.

Or is that a bad fact?

if it is 30 watts a th  and was 37 watts a th  it is only 19%

or was it 42 watts a th for the first 7nm they announced?

anyone have a link or screen shot?

also when did they announce first chip?

[mikeywith]

The first announcement  about chip BM1391  was made public on 21st Sep 2018 , with capacity being "as low as 42J/T"

source from here: https://blog.bitmain.com/en/bitmain-announces-next-generation-7nm-asic-chip/

less than 2 months later on November 8, the sale of the S15 started.

do we expect the S17 to come out somewhere around early April ?

edit:

if the BM1391 was announced to have  42J/T but the actual was 50J/TH this puts it at a loss factor of 1.19 when running in a normal environment, this means the BM1397 should be able to do  35.7J/TH

so is it possible that S17 will do 44TH at 1600W ? that would be massive !

[philipma1957]

My s15 does 27th at 1555 watts using a regulated 220 volt transformer.

So same psu pulling 1555 watts say 36 a th = damn!

The idea of ordering in two months and getting it in four months has me thinking I can not upgrade to m10s.

But the freaking trump tax is a mofo.

[mikeywith]

The idea of ordering in two months and getting it in four months has me thinking I can not upgrade to m10s.

But the freaking trump tax is a mofo.

I am not in the U.S so tax is not a problem at all, however i was planning to grab some S9s but after seeing this i really need to do more calculations, once these s17 hit the market, price for everything else will likely drop, i will probably be able to get used S9 for like 100$ instead of 140-160$ from China if not less.

but again the price for the S17 will be key , also should the bull run kick in a bit early "unlikely" every miner on plant will rise in price, so it's really a though decision that requires a good sleep and a cup of coffee.

[philipma1957]

I am not in the U.S so tax is not a problem at all, however i was planning to grab some S9s but after seeing this i really need to do more calculations, once these s17 hit the market, price for everything else will likely drop, i will probably be able to get used S9 for like 100$ instead of 140-160$ from China if not less.

but again the price for the S17 will be key , also should the bull run kick in a bit early "unlikely" every miner on plant will rise in price, so it's really a though decision that requires a good sleep and a cup of coffee.

my s15 has worked well so I am not sure what I am going to do now.

more s9's are out

m10's are now in a maybe stage.

Well if we do more build outs I will order something. Right now I think I need to push pause for a little bit.

[minefarmbuy]

With any luck Trump will see the tariffs are negligent and just noise. I believe we still have another month left of them trying to find an agreement. Typically we've been coaching on planning for the tariff through the year as most farms we work with only need a few units a month for pace sake. Some mix in de minimis units others don't. Essentially with planning if the tariffs cease you're hardware budget increases by almost a 1/3 but still not sure when that will happen as a wall is more priority and economy right now.. . .

If the "S17" is coming in a few months hopefully puts the s15 under de minimis otherwise your still looking at the same units essentially. I don't see a $221 drop in the s15 happening to soon and will be very surprised if the new units drop before Q3. Very happy to be wrong though.