Immersion Cooling Is Trendy, But Will Bitcoin Miners Take A Bath? Today

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Air is passé and dielectric liquids are en vogue as the number of bitcoin miners building immersion cooling systems has grown rapidly in the past two years, with no signs of this trend losing pace.

With mining difficulty consistently increasing, bitcoin’s hash rate continues setting new record highs and the dollar-denominated revenue produced by a single machine is decreasing. As a result, every mining unit is looking for competitive advantages over their counterparts, and more miners than ever think immersion is an answer.