Bitmain Antminer S17 Buyers Guide

Mining / November 9, 2020

Buying used Bitmain S17 miners is a great strategy for adding capacity to your fleet of cryptocurrency mining gear while limiting the purchase costs. Due to the high price tags on these miners, individuals that are looking to purchase second hand should take extra steps to ensure the integrity of the used miners in order to maximize the return on their investment.

Be sure to do your research and follow the 3 steps outlined below to make sure you’re getting the most for your money when purchasing a used Bitmain S17 miner.

  1. Review the transport history of the miners

While the conditions that mining hardware has been exposed to during its working lifetime can vary greatly, they can have serious impacts on the performance and longevity of each unit.

Common failures in Bitmain S17 miners have often been traced back to poor handling and transport practices. Avoiding the purchase of units that have been moved around to different locations can help you save money in the long run; check with your seller to find out if the miners have undergone any transport from one facility to another.

Ideally, the used miner you plan to purchase will have stayed at one location for its entire lifetime and has not been subject to potential damage during its transportation.

  1. Look for miners from cold temperature facilities

Another factor that negatively impacts the longevity of Bitman S17 miners is the temperatures they may have been exposed to.

Performance deficiencies and complete breakage of S17 units have been observed if they have been used in high temperature settings as their internal cooling components aren’t of the greatest quality. Facilities that operate at 85 degrees or higher run a significant risk of damaging or breaking the miners that are in operation.

Be sure to ask your seller of the S17 miner about what temperatures the miners were operated in to avoid buying bad units. Narrow your search for used S17 miners from facilities that operate with well developed cooling systems to ensure you will get years of use from the used miner.

  1. Inspect the hash reports and product information

Taking the time to deep dive into each S17 miner report history is a process that can save you considerable amounts of money.

Be sure to run the hash report and compare to industry benchmarks in order to avoid purchasing miners that are not hashing at optimal levels. An additional safety measure to take before purchasing a used S17 miner is to check its serial number; some of the miners that Bitmain offered at the initial S17 release experienced issues that were fixed in the later produced S17 models.

Double check that the units you’re planning to purchase are the updated versions in order to avoid potential failure. Finally, buying used miners that are still under warranty is another strategy for maximizing your investment. If any issues arise, you will still be covered for the remaining warranty period.

By following this Bitmain S17 buyers guide, you will be able to increase the productivity of your mining efforts without losing significant amounts of money on repairs or maintenance. Although buying secondhand miners is somewhat riskier than buying a new unit, conducting a detailed pre-purchase inspection as explained above can help you to mitigate these risks.

Adding extra power to your crypto mining operations right now is a chosen strategy to take advantage of the cryptocurrency mining market conditions, as many of China’s miners are offline during this season because of the hydropower costs associated with low rain levels throughout the country.

Integrated Ventures acquires another batch of 72 Antminer S17+ powered by Wattum Customized Asic Firmware.

Mining / October 31, 2020

The Antminer S17+ units will be delivered to PetaWatt, NY, in the next couple of weeks. The units acquired will all be updated with Wattum’s custom ASIC firmware that is designed to increase the miners’ hash rates to 82TH. While maintaining a low power consumption, the custom ASIC firmware will also optimize equipment performance and improve profitability by 20%.

With our long lasting partnership with Integrated Ventures, they are able to continue to rely on Wattum for their growth driven strategy, to seek above market, risk-adjusted returns.
If you are looking for reliable and professional service, Wattum prides itself in being the best equipment broker in the United States.

WE WANT TO BE YOUR PARTNER, NOT YOUR VENDOR!

Mine For Crypto Faster and More Efficiently With the New Bitmain Antminer S19

Mining / September 16, 2020

When it comes to mining for cryptocurrencies, it’s common knowledge that a miner’s investment in equipment directly relates to their profitability. This is why we’re introducing the new generation of Bitmain ASICs, the Antminer S19, which is more reliable, efficient and profitable than previous editions. A vast improvement on its predecessor, the S17, the manufacturer has listened to user feedback and made the following changes to the latest iteration of the product:

Radiator System Redesign

One of the biggest user complaints with the S17 Antminer referred to the inefficient way the radiator operated when the device was overheating which often dumped heat directly onto the chips in some instances. The S19 solved this problem by replacing the several small radiators with a larger, more powerful singular radiator and physically attaching them to the device more securely with screws. The only con that can be seen with the new design is that they only attached the larger radiator to one side of the device as shown in the below image.

Thermal Interface Redesign

The second most encountered issue with the S17 was related to the thermal interface adhesive. At high temperatures, the TIM glue that was being used began to deteriorate and lose its original thermal transfer properties. Bitmain has fixed this completely in the S19 model, which now features a TIM paste on the chip side. This change single-handedly increased the thermal transfer between the chips and the fan making the average operating temperature of the S19 clock in at an optimal 77-78 degrees fahrenheit in an optimized room.

Power Supply Redesign

The third most common user complaint about the S17 was the failure of the power supply to the device; and while Bitmain repeatedly addressed this issue under warranty, the process was very time consuming. The new S19 edition device features a PSU APW12 v1.2 INPUT 200-240V 10A X2 C13 that will not start the fan if just a single power cable is connected, a great improvement over the last edition.

Firmware Dashboard Redesign

A welcome change to the latest Antminer miner was a completely overhauled firmware redesign for the S19 model; a common complaint being that previous interfaces looked very outdated and unprofessional. This modern and simplistic dashboard allows users to track the key metrics they need to closely monitor their hardware in order to maximize profit margins and efficiency.

Increase in Overall Profit Margins

Of course the biggest driving factor for the creation of the S19 model is obviously to put more crypto in the wallets of their users. The S19 outperformed the S17 at a two to one ratio, with the new specifications of 95TH +-3% 2500W 34J\TH.

In terms of profit, the S19 earns approximately 30% more than its predecessor at the current yield and cost of $0.05 per kw. Keep in mind, however, that the prices and returns, like the market, are constantly fluctuating.

The design changes and vast performance improvements to the Antminer S19 over the S17 show that Bitmain is at the forefront of Bitcoin mining technology. The new Antminer firmware and changes in device design and structure over the previous model will ensure a much more reliable and durable device over time. From doubling product performance to the 30% increase in average profitability, the next generation of crypto miners by Bitmain are made to continually improve the mining income of its users.

Integrated Ventures Purchases 100 Antminer S17Pro Upgraded With Customized Revenue Enhancing ASIC Firmware By Wattum Management

Mining / August 17, 2020

Integrated Ventures Inc, (OTCQB: INTV)(“Company”) is pleased to announce an execution of purchase order and scheduled delivery for 100 Antminer S17Pro mining rigs.

The purchase order is valued at $127,000 and will be delivered to PetaWatt, NY, in the next 2 weeks. The Company has retained Wattum Technologies to install and deploy custom ASIC firmware, designed (1) to increase hashing rate from 56TH to 72TH, while maintaining a low power consumption, (2) to optimize equipment performance and (3) to improve profitability by 20%.

Additional details about Wattum Management and the profitability data is available in our blog.

In the next 4-6 weeks, the Company plans to purchase an additional 400 assorted miners, pending equipment availability by manufacturers.

Steve Rubakh, CEO of Integrated Ventures, adds the following commentary: “We are very satisfied with reliable and professional services and support by Wattum Management team. Our Company heavily relies on their industry-leading platform that delivers a complete turn-key mining solution, including (1) complete facility management, (2) installation and deployment of custom ASIC firmware, (3) equipment sales and repairs and (4) an access to the pool of talented technicians and software developers. Wattum Management has been tasked with switching Integrated Venture’s mining equipment, from low performing models such Antminer S9/L3 to the newest models such as Antminer S17/S19.”

About Integrated Ventures Inc: Technology Holdings Company with focus on cryptocurrency sector as well as the implementation of M&A roll-up, a growth-driven strategy, seeking to achieve, above market, risk-adjusted returns, primarily by targeting: (1) companies in the financial distress, (2) undergoing a turnaround or (3) undervalued companies that are looking for financial assistance, due to the current economic conditions. For more information, please visit the company’s website at www.integratedventuresinc.com.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company’s control.

Source: https://www.integratedventuresinc.com/single-post/2020/08/17/Integrated-Ventures-Purchases-100-Antminer-S17Pro-Upgraded-With-Customized-Revenue-Enhancing-ASIC-Firmware-By-Wattum-Management