Bitcoin miners are currently experimenting with a new method of maintaining their equipment called immersion cooling, a form of cooling that allows them to extract more hash power from existing equipment.
This cooling process involves submerging existing dredgers in a reservoir with a liquid that allows for faster heat dissipation from the. This has one advantage over air cooling: reduced maintenance time due to less dirt and dust clogging the engine and better performance.
Industry insiders say this cooling solution will become mainstream in the future as leading companies have used and retrofitted these coolers to the current mining operation.
In this way, miners are configured to operate on their standard specification called overclocking and one of the main concerns about it is that it generates more heat which will shorten the life of the device in the long run. With the new process, however, this disadvantage is minimized. Nishant Sharma, founder of Blocksbridge, a mining consultancy, said:
“It looks like an aquarium with machines in it. Sooner or later, all great miners will be involved in large-scale underground mining. “
Although this new cooling method has not yet caught on, several large companies are already planning to incorporate it into large-scale mining operations. Such is the case with Riot Blockchain, a Nasdaq-listed Bitcoin mining company with a valuation of more than $ 4 billion. notification in October, their next mine in Texas will provide 200 MW (half of the existing capacity) for mines with immersion cooling.
The company stated:
“As far as the company is aware, immersion cooling has never been implemented in Bitcoin mining of this magnitude.”
46,000 ASIC miners will be housed in two buildings with integrated storage tanks for cooling. This new trend has already started to affect other markets. The demand for cooling lubricants for these applications has increased enormously. David Sundin, co-founder and chief scientist at Engineered Fluids in Texas, says:
“Our service has grown by 500% in the last six or seven months.”
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