• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Friday, May 20, 2022
WIREOPEDIA
No Result
View All Result
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

CleanSpark’s 20 MW Bitcoin Mining Farm To Be Immersion Cooled

wireopedia memeber by wireopedia memeber
December 9, 2021
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The miner said it had purchased the necessary immersion cooling infrastructure to submerse its 20 MW Norcross, Georgia, bitcoin mining operation.

You might also like

Investors Continue To Trade LUNA Despite Massive Crash

Like Ruble, Like Shitcoin — Only Bitcoin Gets Its Value Organically

3K+ Bit Digital hosting partner’s crypto miners go offline after explosion and fire

  • CleanSpark will implement immersion-cooling systems in its 20 MW Norcross, Georgia, farm.
  • The company said it expects the move to lead to a 20% increase in mining efficiency.
  • Liquid immersion cooling has been demonstrated to yield greater hashrate capacity than air cooling, the current industry standard.

Bitcoin miner CleanSpark will implement a 20-megawatt (MW) immersion-cooled project at its Norcross, Georgia, facility, the company said in a statement sent to Bitcoin Magazine. The Nasdaq-listed company said it had already purchased the necessary technology to be installed gradually, with the first 8 MW expected to go live in February.

CleanSpark said it expects its bitcoin mining efficiency to increase by at least 20% through the new data center’s immersion cooling approach. The system differs from the current standard in the bitcoin mining industry, air cooling, and has shown promising results in increasing output while cutting down costs.

“Liquid immersion cooling, where the machines are fully immersed in a specialized cooling liquid, has proven to significantly increase the hashrate of bitcoin mining machines, reduce power consumption, and extend the life of the machines,” the company said in a statement.

With lower operating costs and greater hashrate capacity, CleanSpark anticipates it will increase its margin and maximize financial gains. The practice of installing miners inside tanks of liquid coolant has become more popular over the past year. In October, Riot Blockchain, another bitcoin miner listed on the Nasdaq, announced it would tip-toe into the liquid cooling practice.

CleanSpark said its 20 MW project would consist of 180 tanks, each holding 33 Antminer S19j Pro ASIC machines dipped in a proprietary cooling liquid — a fully biodegradable synthetic hydrocarbon compound with no electrical conductivity. The 5,940 machines are expected to generate about 600 petahashes per second (PH/s) of hashrate power.

The 87,000 square foot data center in Norcross, Georgia, was acquired by CleanSpark in August for $6.55 million.

Read Entire Article
Tags: BitcoinmagazineBlockchainCoin SurgesCryptocurrenciesMarket StoriesTrading
Share30Tweet19
wireopedia memeber

wireopedia memeber

Recommended For You

Investors Continue To Trade LUNA Despite Massive Crash

by wireopedia memeber
May 20, 2022
0
Investors Continue To Trade LUNA Despite Massive Crash

Investors continue to trade the LUNA token despite its enormous fall, seeing the coin lose 99% of its value from $62 on May 9 down to less than...

Read more

Like Ruble, Like Shitcoin — Only Bitcoin Gets Its Value Organically

by wireopedia memeber
May 20, 2022
0

On examination, fiat and shitcoins share the same trick of getting people to give up real value for

Read more

3K+ Bit Digital hosting partner’s crypto miners go offline after explosion and fire

by wireopedia memeber
May 20, 2022
0

The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara

Read more

Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

by wireopedia memeber
May 20, 2022
0

Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto

Read more

PancakeSwap (CAKE) Price Prediction: CAKE Holds Closely Below $5

by wireopedia memeber
May 20, 2022
0

PancakeSwap (CAKE) Price Prediction – May 20A few days back, while a significant declination took effect in most crypto economies, the CAKE/USD market was not

Read more
Next Post

MicroStrategy Buys 1,434 BTC for $82M, Now Holds 122,478 Bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

December 26, 2021

This is why 2021 was crypto’s breakout year

April 6, 2022

Solana Price Prediction for Today, May 2: SOL Range-bounds; Price May Hit $80 Low

May 2, 2022

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Blockonomi Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • Extreme weather in Europe as Spain basks in heat 15C above average while at least 30 injured by tornadoes in Germany
  • Investors Continue To Trade LUNA Despite Massive Crash
  • Like Ruble, Like Shitcoin — Only Bitcoin Gets Its Value Organically
  • Azealia Banks Just Dragged Megan Thee Stallion For “Using” Cara Delevingne After She Cropped Her Out Of A Photo Following Her Bizarre Behavior At The BBMAs
  • 3K+ Bit Digital hosting partner’s crypto miners go offline after explosion and fire

© 2022 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News

© 2022 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$29,312.00-2.62%
  • ethereumEthereum(ETH)$1,971.10-1.78%
  • tetherTether(USDT)$1.00-0.06%
  • usd-coinUSD Coin(USDC)$1.00-0.13%
  • binancecoinBNB(BNB)$303.40-0.44%
  • rippleXRP(XRP)$0.413594-1.29%
  • Binance USDBinance USD(BUSD)$1.000.10%
  • cardanoCardano(ADA)$0.52-2.43%
  • SolanaSolana(SOL)$50.60-2.49%
  • dogecoinDogecoin(DOGE)$0.084715-2.35%
  • polkadotPolkadot(DOT)$9.78-2.38%
  • Lido Staked EtherLido Staked Ether(STETH)$1,939.95-1.70%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,290.00-2.76%
  • AvalancheAvalanche(AVAX)$29.37-1.10%
  • tronTRON(TRX)$0.071123-3.38%
  • Shiba InuShiba Inu(SHIB)$0.000012-0.82%
  • daiDai(DAI)$1.00-0.13%
  • litecoinLitecoin(LTC)$69.12-2.63%
  • CronosCronos(CRO)$0.188809-2.96%
  • matic-networkPolygon(MATIC)$0.64-0.47%
  • FTX TokenFTX Token(FTT)$29.92-2.45%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.85-2.65%
  • bitcoin-cashBitcoin Cash(BCH)$193.81-0.05%
  • cosmosCosmos Hub(ATOM)$11.336.07%
  • chainlinkChainlink(LINK)$6.99-1.63%
  • stellarStellar(XLM)$0.127989-1.31%
  • OKBOKB(OKB)$12.06-2.65%
  • algorandAlgorand(ALGO)$0.4407980.70%
  • UniswapUniswap(UNI)$5.090.11%
  • vechainVeChain(VET)$0.030623-0.69%
  • ElrondElrond(EGLD)$90.52-1.77%
  • filecoinFilecoin(FIL)$7.93-1.08%
  • Axie InfinityAxie Infinity(AXS)$21.05-0.65%
  • cETHcETH(CETH)$39.49-1.43%
  • TerraTerra(LUNA)$0.000132-5.31%
  • TerraUSDTerraUSD(UST)$0.066689-12.89%