When an iOS device model is erased for the first time, the whole erasure process consists of two parts:

  1. Download the latest firmware version for the device from Apple servers (can take some time if there's a lot of traffic on Apple servers).
  2. Erase the device (takes approximately 10 minutes).

Some information about firmware downloading:

It is also possible to download the firmware images on one computer, export them and import to other computers. This way all the erasure computers don't have to download firmware images. Exporting/importing can be done from Blancco 5 Mobile Settings for iOS: use the export button to export firmware images to USB stick and then use the import button on another computer to import them.