Immersion mining offers multiple advantages in mining Bitcoin and other cryptocurrencies. This is possible thanks to the efficiency in the consumption of electricity for the mining equipment.
Bitcoin mining by immersion is one of the most profitable methods of generating coins. This process is mainly used in countries with a warm climate or high costs of electricity.
It consists of immersing the mining equipment in mineral oil. Then, with a series of tools typical of this technique, the devices begin to generate coins “like fish in water.”
This type of mining virtually improves all aspects of the process of producing coins. Best of all, it helps to preserve ecology whilst profitability increases.
Steps for Bitcoin Mining by Immersion
Immersion is not a new phenomenon in the world of computing. It is a very common action among users of equipment that tends to overheat due to the work to which it is subjected.
Concerning the mining devices that overheat, Application-Specific Integrated Circuits (ASICs) are the most relevant. Mining Bitcoin involves great work to find and process the blocks. This means that the equipment dedicated to that purpose is subjected to high temperatures.
Therefore, Bitcoin mining by immersion becomes an advantageous alternative. It consists of removing the fans from the devices and submerging the latter in containers filled with mineral or dielectric oil. Then users activate them and start to see the results.
Of course, the procedure has several obstacles to overcome. Firstly, many people unfamiliar with the subject may feel concerned, considering that liquid and electricity are not good friends.
It is important to know that dielectric oil is the same oil that electricity transformers use. Therefore, those who use household appliances should be aware that a device immersed in that liquid is the one that sends electrical energy to their homes.
Bitcoin mining by immersion can protect the environment, at the same time as business profitability increases.
Advantages of Submerging Mining Devices
Mining cryptocurrencies is an increasingly complex process, in which there is increasing difficulty, high consumption of electricity, deafening noise, and inclement heat. Besides, if a miner wants his business to grow, he needs an increasingly big space.
A large space to house mining devices involves several factors. These include rental cost, dust attraction, humidity, vibration, and regular maintenance, among others, that reduce the useful life of the equipment.
Bitcoin mining by immersion means overcoming every one of these problems. The costs of electricity decrease up to 97%, since keeping the oil cold and circulating allows regulating the temperature to achieve better performance in terms of hash rate.
The space for the equipment is no longer an issue since it is possible to place several devices next to each other in small containers. For example, miners would house, in a space of three meters, the number of machines that normally require a complete room.
By submerging the mining devices, dust and regular maintenance are no longer a constant concern. Besides, corrosion decreases, and noise disappears completely while easing mobility increases.
By Willmen Blanco
