BitFury Group, a leading bitcoin mining company with operations in the Republic of Georgia, will open its third mega data center next week.
The new data center will have a capacity of 40 MW of electricity to process transactions using BitFury’s latest generation 28 nm and 16 nm ASIC chips.
The new processing center will utilize BitFury’s proprietary immersion cooling technology developed by Allied Control which BitFury acquired earlier this year and locally sourced hydroelectric energy.
BitFury CEO Valery Vavilov said:
This data center will take immersion cooling technology to the next level and set a new standard for data processing using renewable energy. BitFury is leading the innovation in this space and we are proud to unveil our new data center and to work with our global partners to advance this important work,.
BitFury claims to use renewable energy for all its data center operations and remains committed to maintaining the smallest carbon footprint possible. The company reports that it has achieved a breakthrough in data center efficiency, pioneered by Allied Control, a subsidiary of BitFury Group. Allied Control specializes in the new, two-phase (2PIC) immersion cooling technology which significantly increases power density to a record-breaking 250kW per horizontal rack from about 5kW to 10kW average, reduces cooling energy consumption by more than 96% with a PUE of 1.02, accelerates deployment time drastically and delivers on environmental sustainability.
BitFury builds its own full-custom Application Specific Integrated Circuits (ASICs), PCBs, servers and data centers. The company will leverage Allied Control’s award-winning 2PIC technology to deploy its 28nm and 16nm ASICs. The innovative 2PIC technology will enable BitFury to lower operational costs by allowing to run ASICs more efficiently. It also makes it possible to run fewer chips hotter, especially early in the product life cycle. 2PIC also provides the capability to recycle virtually all of the waste heat for local industrial or municipal use, lowering net operational costs.