Bitcoin

Bitmain’s Antminer S17 / T17 have a high failure rate

Cryptocurrency miners using Bitmains Antminer S17 and T17 have said this Mining machines have failure rates between 20 and 30%, where they would normally be around 5%.

After a April 26 Tweet Blockchain infrastructure company Blockstream’s Chief Strategy Officer (CSO) Samson Mow has reported technical issues with Bitcoin (BTC) miners using mining equipment from the world’s largest cryptocurrency mining equipment manufacturer.

The heatsinks on the Antminer S17 and T17 mining machines have warmed upThis leads to a short circuit in the device. Also Users have reported problems with the S17 power supply fans.

Bitmain’s Antminer S17 / T17 have a high failure rate
Bitmain’s Antminer S17 / T17 have a high failure rate

Both teams are designed to regulate the heat generated by the mining machinery. Consequently Almost a third were short-circuited due to reported problems.

As Mow emphasizes, the Chief Executive Officer (CEO) Jihan Wu blames his co-founder Micree Zhan for the failure. Wu fired Zhan from the company in October 2019 “to save this ship. [de hundirse]””

The mining competition before the BTC halving

Mows Tweet comes just 15 days before the long-awaited halving of Bitcoin and the two mining machinery manufacturers Cryptocurrency, MicroBT and Bitmain are in tough competition. However, due to supply chain interruptions as a result of COVID-19, many members of the cryptocurrency community have been waiting for delays in starting mining equipment.

Bitmain successfully sold its updated Antminer S19 Pro on March 23 at a hash rate of 110 terahashes per second (TH / s), but later announced that the units would not be delivered until May 11. at the earliest one day before halving. Many have speculated that Bitmain chose this date to take advantage of its next-generation ASICs without competition before the next turn.

MicroBT, on the other hand reported that their flagship M30 MS30S ++ model of their Bitcoin mining rigs would have a hash rate of 112 TH / s. The mining machine manufacturer has announced that the hardware will be ready for delivery in June.

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