Bitmain, one of the leading manufacturer of Bitcoin mining rigs, has recently launched Antminer S17e. We are pleased to announce, that Perpetual Energy is acquiring more than a thousand units in order to improve the mining capacity of the alternative investment of the company.
Model Antminer S17e (64Th) uses SHA-256 algorithm with a maximum hashrate of 64Th/s for a power consumption of 2880W. The upgrade will enable PEC to meet rising demand for Perpetual Packages in cryptocurrency. The order will come in batches which will be completed by mid-2020.
According to the company’s CEO, Daan Fisher, “We have allocated $50million in upgrading our equipment to remain competitive in the crypto industry. We already have the advantage of renewable energy plants.” The company is allocating 10% of its total energy generation in its crypto investments. “We’re expecting an additional $100million for crypto mining in the next 3 quarters.”