The Next Big Boost for Bitcoin Mining: Oil Immersion Cooling Bitcoin mining, by design, is increasing in difficulty. Enthusiasts mining in their basements have given way to professionally managed cloud services that deploy equipment on a massive scale. Growing energy requirements and build costs are catching up with the rapidly increasing global hashrate, putting downward pressure on available margin. As mining gets more competitive, GRC’s oil immersion cooling technology promises to boost profitability by reducing build-out and operating costs dramatically. Oil immersion cooling from Green Revolution Cooling differs from every other form of precision and/or liquid cooling. It is designed to provide easy-to-scale, industrial cooling for high densities with a bare minimum of initial infrastructure and ongoing power requirements. Here are the Top 10 advantages of using oil immersion cooling to power the Bitcoin network: 1. Reduce power use dramatically The total cluster (board power plus cooling power) uses 31% – 42% less power when using oil immersion cooling. These Savings are threefold: i. Removal of all chassis fans reduces the power consumed by ASIC boards by up to 20%. ii. Oil immersion cooling requires only 3% – 5% overhead for cooling, attributable to high-efficiency heat exchange mechanism. iii. Submersion in oil results in a lower-temperature environment for boards, reducing leakage current at the transistor level. - See more at: http://www.grcooling.com/bitcoin-mining/#sthash.flJlEDLw.dpuf