{"id":359558,"date":"2021-10-29T06:51:23","date_gmt":"2021-10-29T03:51:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/immersive-cooling-tech-could-help-bitcoin-mining-go-green-by-2030\/"},"modified":"2021-10-29T06:51:23","modified_gmt":"2021-10-29T03:51:23","slug":"immersive-cooling-tech-could-help-bitcoin-mining-go-green-by-2030","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/immersive-cooling-tech-could-help-bitcoin-mining-go-green-by-2030\/","title":{"rendered":"# Immersive cooling tech could help Bitcoin mining go green by 2030"},"content":{"rendered":"<p>&#8220;<strong># Immersive cooling tech could help Bitcoin mining go green by 2030  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvZmMwYmM5YzMtYTJkNi00M2Y1LWEzOWUtOTVmYTUyNzkxNTFkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Immersive cooling <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/monochrome.co\/article\/monochrome-research-adds-bitcoin-industry-expert-hass-mc-cook\/\">member<\/a> Hass McCook told Cointelegraph.\u00a0<\/p>\n<p>McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030.<\/p>\n<p>Immersive cooling involves submerging Bitcoin mining ASICs into a specialized cooling fluid, which absorbs and recycles heat from the data center. This method of Bitcoin mining increases productivity.<\/p>\n<p>Earlier this month, Bitcoin mining company Riot Blockchain <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.riotblockchain.com\/news-media\/press-releases\/detail\/117\/riot-announces-first-industrial-scale-immersion-cooled\">announced<\/a> that it will be developing 200 megawatts of immersion-cooled Bitcoin mining infrastructure at its Whinstone Facility. Based on the company\u2019s preliminary immersion-cooling test results, it expects hash rate to increase by 25%, and ASIC performance to increase by up to 50%.<\/p>\n<p>Brian Roemmele, co-host of Around the Coin podcast, posted a photograph of an immersed Bitcoin mining rig on Oct 29 on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, claiming that \u201cby submerging Bitcoin Miners in liquid, heat and noise is reduced by 95% and we can recapture up to 40% of the heat and convert this to power\u201d. <\/p>\n<p>\u201cBitcoin will be 100% green by 2024,\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BrianRoemmele\/status\/1453761177201242116?s=20\">added<\/a>, \u201cNo other system will be more green\u201d.<\/p>\n<p>Although McCook does agree that Bitcoin can become carbon neutral, he is less optimistic about the time frame. <\/p>\n<p>\u201cI do believe by 2030 it\u2019ll be zero emissions, but I think 2024 is a bit ambitious,\u201d he said. \u201cAnd I think that immersive cooling tech might be part of the move to green\u201d. <\/p>\n<p>\u201cSo in terms of sustainability, you get durability, and you don&#8217;t have to manufacture as many of these things,\u201d he added. <\/p>\n<p>Immersive cooling can reduce the need to replace equipment and the amount of energy required to cool rigs while mining BTC. While that mitigates the environmental impact of mining, it does it in an attractive way for miners, said McCook. <\/p>\n<blockquote><p>\u201cThe move to green Bitcoin mining won\u2019t be for environmental reasons. It&#8217;ll be to get miners\u2019 cost basis down to improve their profits.&#8221;<\/p><\/blockquote>\n<p>He added that the main <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> was really about whether miners use sustainable energy sources. <\/p>\n<p>\u201cThe harsh truth is when you plug your equipment into the wall, you get whatever it is that&#8217;s on the other side of that plug,\u201d said McCook. <\/p>\n<p>\u201cSo really, for Bitcoin to properly become zero emission, the underpinning grid has to be zero emission.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Forgot to mention the 50-90% overclock that effectively cuts your CAPEX in half<\/p>\n<p>Spend $50m on rigs, and $10m on immersion infra, and you have effectively have $80m worth of rigs. No brainer (except for the brainless)<\/p>\n<p>The future is immersed <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/qpt4Dwq0KK\">https:\/\/t.co\/qpt4Dwq0KK<\/a><\/p>\n<p>\u2014 Friar Hass (@FriarHass) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FriarHass\/status\/1453842192326291457?ref_src=twsrc%5Etfw\">October 28, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Read more: <\/em><\/strong><strong><em>To the roots of mining: Bitcoin going green faster than ever<\/em><\/strong><\/p>\n<p>Bitcoin is edging closer towards a sustainable future. According to recent <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoinminingcouncil.com\/bitcoin-mining-council-survey-confirms-sustainable-power-mix\/\">findings<\/a> from the Bitcoin Mining Council, the North American members surveyed are currently utilizing electricity with a 65.9% sustainable power mix. <\/p>\n<p>\u201cBased on this data it is estimated that the global mining industry\u2019s sustainable electricity mix had grown to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately 57.7%, during Q3 2021, up 3% from Q2 2021, making it one of the most sustainable industries globally,\u201d wrote the BMC. <\/p>\n<p>Microstrategy CEO Michael Saylor said: \u201cThis quarter we saw dramatic improvements to Bitcoin mining energy efficiency &amp; sustainability due to advances in semiconductor technology, the rapid expansion of North American mining, the China Exodus, and worldwide rotation toward sustainable energy &amp; modern mining techniques,\u201d <\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/immersive-cooling-tech-could-help-bitcoin-mining-go-green-by-2030\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Immersive cooling tech could help Bitcoin mining go green by 2030 &#8221; Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cointelegraph.\u00a0 McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030. Immersive cooling involves&#8230;<\/p>\n","protected":false},"author":1,"featured_media":359559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvZmMwYmM5YzMtYTJkNi00M2Y1LWEzOWUtOTVmYTUyNzkxNTFkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74989,76751],"class_list":["post-359558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-mining","tag-sustainability"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/359558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=359558"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/359558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/359559"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=359558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=359558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=359558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}