Immersion Cooling Will get Consideration From Miners Eager to Squeeze Extra Energy Out of Gear – Mining Bitcoin Information
Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hash power out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future as leading companies take advantage of the benefits and retrofit these cooling equipment in existing mining operations.
Immersion cooling attracts miners’ attention
Miners are experimenting with an alternative and less used method of maintaining their equipment, immersion cooling. In this cooling process, existing mining equipment is immersed in tanks with a liquid substance that allows heat to be dissipated more quickly from the mining platforms. This has advantages over air cooling: reduced maintenance times due to less dirt clogging the machines and better performance.
This process by which miners configure these machines to run above their standard specifications is known as overclocking. One of the main concerns with this is that more heat is being generated, which in the long run will serve to shorten the life of the equipment. With the new method, however, this disadvantage is alleviated. Nishant Sharma, founder of Blocksbridge, a mining consultancy, stated:
It looks like an aquarium with machines in it. Sooner or later, all great miners will go into large-scale immersion mining.
Large mining companies are already jumping into the water
While this new cooling method is still far from mainstream, some large companies are already planning to introduce it to large mining operations. Such is the case with Riot Blockchain, a Nasdaq-listed Bitcoin mining company valued at more than $ 4 billion, which announced in October that its next mining operation in Texas would be 200 MW (half of its available power) for mining operations with immersion will provide cooling.
The company stated:
To the company’s knowledge, immersion cooling technology has never been used on this scale in Bitcoin mining before.
46,000 ASIC miners will be housed in two buildings that will integrate tanks for cooling the drilling rigs. This latest trend has already started to affect other markets. The demand for coolant used for these applications has grown tremendously. David Sundin, co-founder and chief scientist of the Texan company Engineered Fluids, said:
Our business has grown 500% in the last six or seven months. It just went through the roof.
What do you think of the rising popularity of immersion cooling in mining? Let us know in the comments section below.
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