New Paper Explores Cooling Challenges in Bitcoin Mining Industry
A new white paper from Allied Control, a technology cooling solutions provider, surveys the current large-scale bitcoin mining ecosystem and explores the implications of current and future cooling technologies. According to author Alex Kampl, Allied's vice president of engineering, there are significant deficiencies in how mining hardware is manufactured and deployed worldwide. As a result, investors already involved risk losing money and new ones may be dissuaded from taking part at all. He told CoinDesk: "I believe a lot of money is lost with unreliable mining hardware manufacturers -....
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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....
On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two new models join the firm’s SAIHUB Box and feature plate cooling and immersion cooling technologies.
SAI Tech Unveils Tankbox and Rackbox Bitcoin Mining Infrastructure Products
As cryptocurrency mining continues to improve application-specific integrated circuit (ASIC) efficiency and mining infrastructure technologies, SAI Tech (Nasdaq: SAI) has announced the launch of....
The process of mining Bitcoin is economically interesting from the energy point of view. Besides the problem with cooling of hardware, there is also the issue of the amount of energy that the hardware needs in the process of mining. There are developments taking place on the cooling issue, with some innovative solutions like immersive cooling. Bitcoin mining set in place a computing arms race which fuels interest in both cooling and energy generation. Densely-packed chips performing Bitcoin calculations are immersed in cooling fluid, which bubbles as it boils, removing the heat from the....
Immersive cooling technology helps to increase hash rates and minimize energy output. Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cointelegraph. McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030.Immersive cooling involves submerging Bitcoin mining ASICs into a specialized cooling fluid, which absorbs and recycles heat from the data center. This method of Bitcoin mining increases productivity.Earlier this month, Bitcoin mining company Riot Blockchain....
The Federal Reserve has published new research on distributed ledger tech. The paper, which explores applications of the technology in payments and transaction settlement, was drafted by teams from the Federal Reserve Board as well as the Federal Reserve Banks of New York and Chicago. Though research has been published in the past by members of the Federal Resrve system, most notably the Federal Reserve Banks from Boston and Chicago, the paper's release represents the first major release from the Federal Reserve Board. Overall, the research casts a wide net, including both a top-down view....