Bitcoin News and Finance
Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment Skip to main content

Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

immersion cooling

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking advantage and retrofitting these cooling devices to existing mining operations.

Immersion Cooling Getting Attention From Miners

Miners are experimenting with an alternative and lesser employed method for maintaining their equipment, called immersion cooling. This cooling process involves submerging already existing mining machines into tanks with a liquid substance that allows heat to be dissipated faster from the mining rigs. This has advantages over air cooling: diminished maintenance times due to less dirt clogging the machines, and better performance.

This process in which miners configure these machines to work over their default specs is known as overclocking, and one of the main concerns about doing it is that it generates more heat, which serves to shorten the life of the equipment in the long run. However, with the new method, this downside is mitigated. Nishant Sharma, founder of Blocksbridge, a mining consulting company, declared:

It looks like a fish tank with machines inside it. Sooner or later, all big miners will be doing large-scale immersion mining.

Big Mining Companies Already Stepping Into the Water

While this new cooling method is still far from being mainstream, some big companies are already planning to introduce it to large-scale mining operations. This is the case with Riot Blockchain, a Nasdaq-listed Bitcoin mining company with a valuation of more than $4 billion, that announced in October its next mining operation in Texas will dedicate 200MW (half of its available power) to mining operations that feature immersion cooling.

The firm stated:

Immersion-cooling technology has never been previously deployed in Bitcoin mining at this scale, to the Company’s knowledge.

46,000 ASIC miners will be positioned in two buildings designed to integrate tanks for cooling the rigs. This recent trend has already started to affect other markets. The demand for the coolant liquid that is used for these applications has grown enormously. David Sundin, co-founder and chief scientist at Texas company Engineered Fluids, stated:

Our business has increased 500% in the last six or seven months. It’s just gone through the roof.

What do you think about the rising popularity of immersion cooling for mining operations? Tell us in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory