BitFury Looks to Go Green With 3M's Novec 7100 Engineered Fluid
In an attempt to further decrease energy costs and its impact on the environment, BitFury announced that it was launching the world's largest two-phase immersion cooling (2PIC) project at its new data center in the Republic of Georgia. By using the technology from Allied Control, bought in January, and the Novec 7100 Engineered Fluid from industrial....
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BitFury, the third-largest mining operation by total hashrate, announced in December that it will be mass-producing its custom 16nm ASIC chip and selling the chip directly to consumers. “Each chip will achieve 40-55 GH/s at the highest possible efficiency of 0.055-0.07 J/GH. From 55 GH/s to 180 GH/s the chop follows nearly linear slop of efficiency from ~0.06 J/GH to 0.2 J/GH,” said Valery Vavilov, CEO of BitFury, in an interview with Bitcoin Magazine . Further, the 16nm chip is capable of running with a power supply voltage of 0.35 V. The cooling mechanism used with these mining chips is....
Bitcoin's biggest miner, BitFury, says it is launching the world's largest two-phase immersion cooling project. As part of its new $100m data centre in the Republic of Georgia, the firm will cool more than 40MW of processing power in 3M's engineered 'Novec' fluid. Masterminded by Allied Control, the immersion cooling startup BitFury acquired in January, the project will help the miner reduce energy costs as it continues its rapid expansion. BitFury CEO Valery Vavilov said in a statement: "We've taken many steps to optimize our infrastructure for securing the blockchain and blockchain....
Fluid is now offering the fastest, cheapest, and safest bridge to crypto. Fluid is now listed on the Arbitrum portal: users can buy ETH directly in-app. Fluid Finance, a banking alternative based in Switzerland, is bridging the gap between crypto and traditional banking. Fluid offers first of its kind technology, allowing users to connect Web3 […]
BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February. The chip will achieve energy efficiency of 0.06 joules per gigahash, compared to the 0.2 joules per gigahash of its 28nm predecessor. BitFury suggested the chip will deliver "four times the compute power" of its previous 28NM chip. The startup, which has so far raised $60m in VC financing, used the announcement to tout its commitment to green energy, the strength of its immersion cooling process and what it called an ability to compete in a....
Newly-launched BitFury Capital announced Friday that they have made their first investment into the bitcoin ecosystem since launching. A subsidiary of BitFury Group, BitFury Capital is a seed fund that launched in early July, and they say today they've made an investment in what has been described as a "prominent bitcoin wallet provider." Interestingly enough, BitFury Capital neglected to mention which wallet provider they invested in, and what the investment was valued at. "We are happy to mark our first investment into the Bitcoin ecosystem," said Marat Kicikov, managing director of....