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CleanSpark Announces New 20 MW Immersion Cooling Initiative at Norcross Bitcoin Mining Facility
It will be among the first large-scale datacenters of its type in North America SALT LAKE CITY, Dec. 09, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq:
About this update from Cleanspark, Inc.
[{"type":"text","content":"It will be among the first large-scale datacenters of its type in North America\nSALT LAKE CITY, Dec. 09, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the \"Company\" or \"CleanSpark\"), a sustainable bitcoin mining and energy technology company, today announced purchase of immersion cooling infrastructure for its Norcross bitcoin mining facility. Phased installation starts immediately, with the first 8 MW expected to go live in February. The new data center’s immersion cooling technology is expected to increase bitcoin mining efficiency by 20% or more, according to industry standards and the manufacturer. It is also expected to reduce operational expenses, enhancing CleanSpark’s competitive advantage that comes from the Company’s background in energy technology. -------------------------Highlights 20 MW immersion-cooled solution at Norcross, GA facility Expected efficiency increase of 20% or more, according to the manufacturer 5940 fully-immersed Antminer S19j Pro machines, or about 600 PH/s total Liquid is 100% biodegradable and safe ------------------------- Liquid immersion cooling, where the machines are fully immersed in a specialized cooling liquid, has proven to significantly increase the hashrate of bitcoin mining machines, reduce power consumption, and extend the life of the machines—thereby maximizing financial gains. A datacenter with such technology does not require regular re-outfitting, further improving the efficiency of a large mining operation and reducing operational expense. This approach is in stark contrast with air-cooled data centers—the current standard in the bitcoin mining industry—which require regular cleaning or replacement of the machine or filters because the constant flow of air carries minute particulate matter such as dust and pollen. Upon completion, the 20 MW project will consist of 180 liquid-filled tanks, with each tank holding 33 units of the Antminer S19j Pro machines—the newest generation series of bitcoin miners on the market—fully immersed in a proprietary cooling liquid. The liquid is a synthetic hydrocarbon compound that has no electrical conductivity, is fully biodegradable and safe. “This project expands our portfolio of energy efficient solutions, adding to the engineering tools at our disposal,” said Matthew Schultz, CleanSpark’s Executive Chairman. “We are constantl...