Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer accept said that the rigs have failure rates between 20-30% where they would unremarkably be roughly v%.

Co-ordinate to an April 26 tweet from Samson Mow, Master Strategy Officer (CSO) of blockchain infrastructure business firm Blockstream, Bitcoin (BTC) miners using rigs from the world's largest manufacturer of cryptocurrency mining equipment have been reporting technical issues.

Heat sinks on the Antminer S17 and T17 rigs have been falling off, causing the machines to short out. In addition, users take reported bug with the ability supply fans on the S17.

Both pieces of equipment are designed to regulate the estrus generated by the mining gear. Every bit a result, nearly a third have been shorted out past the reported problems.

As Mow points out, Chief Executive Officer (CEO) Jihan Wu is blaming fellow Bitmain co-founder Micree Zhan for the failures. Wu ousted Zhan from the company in October 2022 "to save this ship [from sinking]."

Mining competition before BTC halving

Mow's tweet comes a mere 15 days earlier the expected Bitcoin halving, with both cryptocurrency mining manufacturers MicroBT and Bitmain in strong competition. However, supply concatenation disruptions as a upshot of COVID-19 have left many in the crypto community expecting delays in mining equipment.

Bitmain successfully sold out their updated S19 Antminer Pro with a hash rate of 110 terahashes per 2nd (Thursday/south) on March 23, but later announced the units would not exist shipped until May 11 at the earliest, merely i twenty-four hours before the halving. Many have speculated that Bitmain chose this date so that it could mine using its adjacent-generation ASICs without competition before the next fork occurs.

MicroBT, on the other mitt, reported their flagship MS30S++ model from the M30 series of Bitcoin miners would have a hash rate of 112 Thursday/s. The mining manufacturer has said the hardware would be ready to transport in June.