Fun

Bitcoin Mining Company Cleanspark to Kick-Start 20 MW Immersion Cooling Initiative

News Feed - 2021-12-11 05:12:25

Bitcoin Mining Company Cleanspark to Kick-Start 20 MW Immersion Cooling Initiative


Cleanspark, a sustainability-focused bitcoin mining company, has announced it will kick-start a 20 MW initiative in its Norcross bitcoin mining facility where miners will be cooled via immersion. The company will host more than 5,900 miners in this facility, which will be submerged into tanks of a biodegradable liquid. Cleanspark states this will help them save energy and increase the hashrate obtained from the miners. Cleanspark to Use Immersion Cooling for New Facility


Cleanspark, a sustainability-focused bitcoin mining company, announced it will start shifting to the use of alternative, more efficient methods of cooling its miners. The company revealed the establishment of a 20 MW immersion cooling initiative in its already established Norcross bitcoin mining facility, being one of the first mining companies to implement such technology on a large scale.


The company will organize almost 6,000 miners that will be submerged in 180 tanks of liquid distributed across the whole mining facility. Cleanspark will not have to retrofit anything to install the tanks required for this, an advantage that immersion cooling presents. Each tank will hold 33 Antminer S19j Pro miners.


This move will allow the company to get better performance from the miners and at the same time save energy, reducing power consumption by 20%, according to a PR statement. Immersion Cooling Picking Up Steam


While liquid cooling is not new in the mining industry, with some small miners managing to build their own immersion mining systems, it is just recently starting to make sense to implement this solution in mining operations working on a bigger scale. This has to do with the benefits these companies can now obtain by implementing this new technology in already existent data centers.


Cleanspark CEO Zach Bradford stated:


We are constantly seeking ways to make our operations more sustainable and productive while achieving maximum performance. Deploying an environment-friendly cooling technology that also increases the economics of our bitcoin mining operations was an obvious choice for us.


The company acquired the Norfolk data center in August, hoping for this initiative to be built before the end of the year. This is not the only project that big mining companies have announced using immersion cooling recently, either. Riot Blockchain, a Nasdaq-listed mining company, recently announced that it would cool half of the capacity of its new facility in Texas with immersion cooling, with 46K miners involved in that operation. Tags in this story Bitcoin, Cleanspark, Georgia, immersion cooling, mining, Riot Blockchain


What do you think about Cleanspark’s move to leverage immersion cooling? Tell us in the comments section below. Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages MINING | 2 days ago Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World"s Largest Miner MINING | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleRegulator Claims South Africa Set to Unveil Cryptocurrency Regulatory Framework in Early 2022 Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItNigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round


A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the ... read more.Paytm Founder: Crypto Is Here to Stay and Will Become Mainstream in 5 Years Sneaker Giant Adidas Says the Metaverse Is "Exciting," Reveals Partnership With Coinbase Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days Grayscale Report Sees Metaverse as Potential $1 Trillion Business Opportunity

News Feed

Helen Partz10 hours agoBitcoin critic, ECB chief Lagarde says her son ‘ignored’ her, lost money on crypto: ReportEuropean Central Bank chief Christine Lagarde reportedly said her son ignored warnings against crypto i
William Suberg7 hours agoBitcoin to $1M post-ETF approval? BTC price predictions diverge wildlyBitcoin ETF excitement is everywhere, but short-timeframe BTC price morale is wearing thin.8644 Total views40 Total sharesLis
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding A Tokyo-based financial technology company called Kyash has raised $41.2 million in a
Apple’s CEO Owns Crypto – Tim Cook Thinks ‘It’s Reasonable to Own as Part of a Diversified Portfolio’
Apple"s CEO Owns Crypto - Tim Cook Thinks "It’s Reasonable to Own as Part of a Diversified Portfolio" The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurre
Bitcoin market cap reaches a new high, briefly surpassing silver
Zoltan Vardai10 hours agoBitcoin market cap reaches a new high, briefly surpassing silverBitcoin briefly became the eighth-largest asset in the world after temporarily surpassing the market cap of silver.4313 Total views
Key takeaways from the Golden Boys’ attack on Compound DAO
Agnes Gambill6 hours agoKey takeaways from the Golden Boys’ attack on Compound DAOA group of Compound DAO members called the "Golden Boys" won a narrow vote to manage 5 percent of the DAO treasury on members
Oxford economist who predicted crypto going mainstream says ‘quantum economics’ is next
Tristan Greene8 hours agoOxford economist who predicted crypto going mainstream says ‘quantum economics’ is nextDavid Orrell literally wrote the book on Quantum Economics.2013 Total views8 Total sharesListen to artic
Kyle White3 hours agoBitcoin supply held by long-term holders hits all-time high — ResearchBitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.1879 Total views4 Total sharesListen to articl
Dogecoin Faces Moment Of Truth: Will It Hold The Line Or Freefall?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations
Mike Bloomberg"s 2020 Finance Policy Proposes Strict Bitcoin Regulations The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and init
The Man Behind Wallex and EURST
The Man Behind Wallex and EURST sponsored Simone Mazzuca is innovative in his style of management. Being the founder of Wallex and creator of the EURST, he is agi
Jesse Coghlan3 hours agoCrypto may see second wind in the US as courts ‘rein in the SEC’ — LawyerCrypto-focused lawyer Jeremy McLaughlin said the United States digital asset industry may re-ignite as the country’