Northern Bitcoin AG, a Bitcoin mining infrastructure firm, announced that it had completed testing its new air-cooled mining container — housing 144 ASIC miners.
On Sept. 9, a press release explained that the highly mobile container solution is designed as a piece of flexible yet efficient infrastructure. With such a solution, the firm will be able to establish mining pools in countries in areas where the environment is usually year-round cool.
Looking for cheap, sustainable energy
The company, Northern AG — which is headquartered in Frankfurt am Main — usually builds and operates efficient Bitcoin-focused mining hardware that relies on renewable energy.
Over a year, Northern AG was able to develop and operate a mining pool that has 21 water-cooled 41-foot containers — each housing 210 ASIC miners — in Norway according to the press release.
In Germany also, the firm’s partners were able to develop a new line of outdoor water-cooled container that shortly and flexibly extends operations to new locations that are based across Scandinavia.
Compared to earlier water-cooled containers, its 20-foot design has a significantly higher miner density which could house 144 ASIC miners.
The mobile mining solutions will hopefully be deployed in permanently cool locations — where there are supposedly cheap and abundant sustainable energy sources like as hydropower.
Accordingly, the press release notes that Bitcoin mining operations are compute-intensive efficient, making the hardware to typically generate significant heat — and therefore, it is critical to have temperature control.
More energy-efficient Bitcoin mining
Even as the bitcoin network’s hash rate globally continues to hit record highs, aggregator Statista has produced fresh data suggesting that its energy consumption is becoming rapidly more efficient.
Energy consumption was quite higher in July 2018 at 71.12 terawatts than July 2019 at 69.79 terawatt-hours per year. However, the hash rate occurred in the opposite way— almost 60% lower compared to the present times.
In June, one of the study found out that renewable energy sources powered almost three-quarters of Bitcoin mining activity.
Most mining hardware manufacturers like Bitmain seek to develop new solutions that have lower energy demands and greater processing capabilities.