Riot Blockchain Announces 200MW Immersion-Cooled Bitcoin Mining Operation

Riot Blockchain Announces 200MW Immersion-Cooled Bitcoin Mining Operation
фото показано с : bitcoinmagazine.com

2021-10-20 16:00

Riot announces a new immersion-cooled bitcoin mining operation that will increase their miner productivity.

Today, Riot Blockchain announced their new 200 megawatt (MW) industrial-scale immersion-cooled bitcoin mining operation at its Whinstone facility which was acquired by the company earlier this year. This operation features two buildings that will host roughly 46,000 S19 series Antminer ASICs — all immersion-cooled.

“After months of research and development, utilizing partnerships across industries, Riot is proud to be a pioneer in the use of cutting-edge immersion-cooling technology at an unprecedented scale,” said Jason Les, CEO of Riot.

Immersion-Cooling is the process of submerging miner ASICs in a specialized fluid that circulates, allowing the miners integrated circuits to operate at lower temperatures. This technique can also increase the hash rate of the miners, as they no longer need fans for cooling, resulting in the machines using less energy.

The company is expecting a 25% increase in hash rate from the miners being submerged, according to industry data and the company’s own preliminary immersion-cooling test results, but they could see a potential increase of ASIC performance by as much as 50%.

Due to these efficiencies, we anticipate observing an increase in the company’s hash rate and productivity through 2022, without having to rely solely on purchasing additional ASICs,” Les added. “By leveraging technology, industry-leading low power costs and economies of scale, Riot intends to continue driving operating and capital efficiencies for its self-mining business and its institutional clients.”

The initial deployment of these immersion-cooled ASICs is expected to begin in Q4, 2021. 

origin »

Bitcoin (BTC) на Currencies.ru

$ 95498.84 (+0.51%)
Объем 24H $42.993b
Изменеия 24h: -1.76 %, 7d: -3.50 %
Cегодня L: $94721.37 - H: $96549.57
Капитализация $1893.096b Rank 1
Цена в час новости $ 64192.55 (48.77%)

bitcoin mining riot immersion-cooled operation announces miner

bitcoin mining → Результатов: 126


Фото:

Bitcoin mining CEOs agree on $250k price target for 2028 halving

Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future of Bitcoin. The panel, moderated by Anthony Scaramucci of SkyBridge Capital, featured CEOs from prominent mining companies, including Bit Digital, Bitfarms, CleanSpark, Core Scientific, and Marathon Digital Holdings.

2024-9-12 14:15


Фото:

Bitcoin Mining Emissions – Surprise New Research Findings

As the need to be more eco-friendly becomes ever more apparent, cryptocurrencies have often been sharply criticized for their environmental impact. Being the most well-known of them, Bitcoin has inevitably become tainted with a reputation for the high resource usage required for Bitcoin mining, However, newly released research might paint a slightly different picture and could start changing perceptions around these issues.

2024-9-10 15:17


Bitcoin’s Tightrope: Lower Mining Rewards And Fees Threaten Market Stability — Kaiko

Recent developments in the Bitcoin mining industry suggest a significant financial squeeze due to decreased network fees and halved block rewards. These factors are shaping the economic space for companies validating Bitcoin transactions and could potentially force some into selling their digital assets prematurely to remain solvent, according to Kaiko Research. Related Reading: Germany Shakes […]

2024-7-3 08:00


Is Bitcoin Mining ‘Dangerously Centralised’? What New Research Shows

Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […]

2024-4-30 12:00


Фото:

The future of Bitcoin mining post-halving, according to GoMining

The phenomenon of the Bitcoin halving is a cornerstone event in the crypto world, fundamentally altering the economic landscape for miners and investors alike. Occurring approximately every four years, this event reduces the reward for mining new Bitcoin blocks by half, a mechanism designed to control the supply of Bitcoin and mimic the scarcity-driven value […] The post The future of Bitcoin mining post-halving, according to GoMining appeared first on CryptoSlate.

2024-3-26 17:30


From Missouri to Texas: Southern US Becomes Bitcoin Mining Hotspot

Missouri is gunning to become a hub for Bitcoin mining, thanks to a new bill by State Rep. Phil Christofanelli. This legislation, aiming to integrate cryptocurrency miners into the energy economy, joins CleanSpark's expansion in Mississippi and Riot's massive investment in Texas, signaling a significant shift in the Southern US towards embracing digital asset ventures.

2024-2-9 14:00


Bitcoin Community Accuses BBC Of Sensationalism In Controversial Mining Article

A recent article published by the BBC has sparked a heated debate among cryptocurrency enthusiasts and critics regarding the environmental impact of Bitcoin (BTC) mining.   The piece, titled “Every Bitcoin payment ‘uses a swimming pool of water,’” raised concerns about the water consumption associated with the mining process.

2023-12-2 03:00