PRESS RELEASE
Revealed June 1, 2023
Fog Hashing and WhatsMiner Collectively Launch Immersion Mining Options and Collaboration Plan at Bitcoin2023
SUNNYVALE, CA / ACCESSWIRE / June 1, 2023 / The brand new period of liquid cooling expertise for crypto mining has arrived. On the Bitcoin2023 Convention, MicroBT(WhatsMiner), along with strategic accomplice Fog Hashing, is about to construct an open ecosystem to propel this revolutionary shift.
The period of liquid cooling for crypto mining has arrived
As ASIC mining chips are approaching the method restrict, the period of relying solely on chip enhancements has handed. As warmth dissipation is important to the efficiency of hash computing, liquid cooling expertise presents a possibility to considerably improve system efficiency and effectivity.
In 2019, Dr. Zuoxing Yang, the founding father of MicroBT(WhatsMiner), predicted the appearance of liquid cooling within the Bitcoin mining trade, forecasting that inside 5 years, liquid cooling miners would progressively change air-cooling ones, capturing as much as 80% of the market share.
Right this moment, the longer term is right here. Pushed by each technological and market elements, this 12 months marks the true graduation of the period of liquid cooling for Bitcoin mining.
Know-how and product innovation drives trade improve
Historically to switch an air-cooling miner to liquid-cooling by a person poses many points. The benefits of native liquid-cooling miners stand out, being rather more dependable and environment friendly. Furthermore, evaluating air cooling, liquid immersion cooling higher adapt to numerous situations, corresponding to clear power mining and waste warmth utilization, making mining extra sustainable and aligning with ESG necessities.
Earlier on the Bitcoin Vitality Summit in March, Fog Hashing, as a strategic R&D accomplice and provider of MicroBT, collectively launched the M1 immersion cooling equipment specifically designed for WhatsMiner native immersion mining module M56. Now at Bitcoin2023, whereas MicroBT launched M56/M56S++ product and specs formally, the 2 corporations as soon as once more showcased new rack-based M20 and container-based MC Sequence merchandise specifically designed for M56, and corresponding options appropriate for mid-to-large-scale deployment situations.
Building of a win-win cooperation ecosystem is vital to trade transformation
“To drive the complete mining trade’s transition from air cooling to liquid cooling, it’s needed to interrupt conventional path dependencies and clear up a collection of issues in expertise, product, software situations, provide chain, distribution, challenge planning, resolution design, supply, logistics, upkeep, administration, after-sales service, coaching, governance, and surrounding help, and so on. And it’ll eradicate considerations of the person to undertake liquid cooling expertise.” stated Paul Jin Li, CEO of Fog Hashing, in an interview. “To realize this aim, it’s needed for key gamers on this trade to take the lead, fostering collaboration with varied ecosystem enterprises, every leveraging their strengths to serve the complete trade, and understand mutual advantages.”
At this convention, MicroBT, the world-leading mining chip producer and WhatsMiner’s developer, alongside Fog Hashing, a number one immersion cooling resolution supplier, initiated a plan of constructing this ecosystem, attracting extra companions even opponents to hitch, dedicated to offering miners with complete end-to-end liquid immersion cooling options and providers.
The escalation of worldwide monetary dangers will speed up the event of cryptocurrency infrastructure.
With a surge in monetary danger and rising financial uncertainty, cryptocurrencies led by Bitcoin will proceed to problem and complement the standard monetary system via expertise innovation based mostly on underlying arithmetic, algorithms, open-source code and consensus. The Bitcoin2023 Convention arrived at an opportune second, sparking quite a few constructive frontier discussions. And the blockchain infrastructure based mostly on PoW computation will proceed to evolve within the face of steady challenges.
About Fog Hashing
Fog Hashing is a world-leading resolution supplier specializing within the design and manufacturing of liquid cooling mining tools, providing full-stack immersion cooling options for situations starting from particular person residence mining to large-scale institutional mining. The corporate’s imaginative and prescient is to make blockchain computing infrastructure extra environment friendly, strong and sustainable.
Official web site：http://foghashing.io
Twitter：https://twitter.com/FogHashing
Youtube: https://www.youtube.com/channel/UCPRHogdGYsXxKsQQxowe5XA
Identify: Abdon
Electronic mail: [email protected]
Location: California, USA
Firm: Fog Hashing
SOURCE: Fog Hashing
View supply model on accesswire.com:
https://www.accesswire.com/758278/Welcoming-The-Liquid-Cooling-Era-Co-Building-a-Collaborative-Ecosystem
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