Crypto mining equipment manufacturer BitFury is using low environmental impact refrigeration technology to maintain crypto-mining equipment at its mining farm in Tbilisi, Georgia. A report published by Bloomberg relates the experience of this company, which currently immerses Bitcoin (BTC) mining devices in 160 tanks containing a non-conductive liquid to keep them cold while extracting cryptos and contribute to maintaining the state of the network updated.
The system was designed and created by Allied Control Ltd., an engineering company based in Hong Kong, which was acquired by BitFury in 2015. About it, the director of the firm, Valery Vavilov, pointed out that they thought about this type of technology when they realized that the data centers would be used both for Internet searches and to secure Bitcoin (BTC) blockchain.
The Valery Vavilov also announced that BitFury is betting that this technology will have higher demand from cloud computing companies in urban areas. An idea that is supported by the founder of Allied Control, Kar-Wing Lau, who agrees with Vavilov regarding the advantages of the system, adding that the crypto mining farm is visited by bankers and tech companies’ representatives who want to see the system for themselves.
BitFury crypto mining company fight for a cleaner environment
This immersion cooling technology has been on the market for some time and has had several uses. The fluids have been used to cool servers, and have even been used to extinguish race car fires, according to Bloomberg. In this regard, 3M executive Michael Kelly says they are working with ten high-capacity data centers that use immersion cooling.
The system involves locating the hardware in an open liquid coolant tank with a low boiling point. Once the equipment is heated, the fluid boils, and this causes the heat to exit the components. The fluid becomes steam, rises and condenses into a water-cooled coil. Then it returns to the tank. That results in energy savings of 95%, depending on the company’s size, with a minimal fluid loss.
With this system, BitFury lowered the costs related to the crypto mining activity. Regarding the subject, a group of researchers and professors from a technical education institution in Singapore is looking for solutions for the miners of Litecoin (LTC), together with the 3M company.
In this way, these systems are gaining popularity and are likely to replace some of the techniques used by crypto mining farms, which include dipping their miners in oil tanks.