COINMINER Antminer S17 56TH Review and Profitability Calculation Estimate

COINMINER Antminer S17 56TH Review and Profitability Calculation Estimate Image
PRICE PAY BACK PERIOD WEBSITE
$2,119 Never Visit Website
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 Never
Contract 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 $3.32
Weekly Revenue $23.24
Monthly Revenue $99.60
Annual Revenue $1,211.80
Estimated Profit After Cost
Daily Profit $-2.72
Weekly Profit $-19.04
Monthly Profit $-81.60
Annual Profit $-992.80

Disclaimer: The Above Profit Table is a carefully calculated estimate based on known real-time factors and Parameters. The actual values may or may not vary significantly from the values provided in the table above. The Above table is only meant to provide insights and afford Ideas to any cryptocurrency miner looking to purchase this particular Product for Mining Purposes.

Bitmain Antminer S17 56Th/s Review Update 2025

Released in April 2019, the Bitmain Antminer S17 56Th/s was another milestone for the Bitmain Crypto hardware manufacturer. The unit was unveiled in Beijing long before the Crypto mining ban took effect in China.

It’s a miner remembered for its efficiency and profitability making it one of the standout miners of its time. The Bitmain Antminer S17 56Th/s will be forever edged in crypto miners’ memory for its performance.

Bitmain Antminer S17 56Th/s Design and Features

The miner came with a 76nm BM 1397 ASIC chip and weighed 9.5kg, making it compact for easy mining setup. With a maximum hashrate of 56 terra hash, the unit offered an impressive 2520W with 4 fans to optimize performance and minimize overheating.

There were some negatives though, it was one of the noisiest miners yet, with a measured decibel of 82. This made it a nuisance for homeowners but, a perfect miner for large-scale industrial mining setup.

Just like most Bitmain miners, the S17 56Th/s used the Ethernet interface and was at the time, an affordable equipment. Using the robust SHA-256 algorithm, the miner offered Bitcoin as the most profitable coin to mine.

Other coins to mine (which were profitable at the time) included Bitmain Cash, Bitmain SV, Curecoin, Peercoin, and more. There were a total of 42 coins to mine with profitability at the time hitting over $50.

Bitmain Antminer S17 56Th/s Profitability

Please check the current profitability stats of the Bitmain Antminer S17 56Th/s. Remember, electricity rates in your area and market conditions of mined coins determine the profit you get from mining activities.

Supported Mining Pools

Some of the supported mining pools for this unit include AntPool, F2Pool, NiceHash, etc.

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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