Chips in oil: a new mining farm

Reports coming from technology websites tell about yet another mining rig which has more chances to become a meme than a widely-used invention. When combined, video chips are generating vast amounts of heat during their work and spoil quickly. A special basin of oil to solve this problem has been created. Oil takes the role of a heat transfer tool. It later becomes cooled down via the plate heat exchanger and a garden hose with cold water.

The post on Reddit from which the information about this mining rigs likely originated, the developers tell that the structure consumes 50 kilowatts and consists of 36 “S9 devices”. They likely mean Asic Bitmain Antminer S9 or a similar device (36 of them). These details aside, the developers also told that they view mining a first step towards the giant decentralized neural network.

Previously we have seen the invention of mining suits generating simple cryptocurrency from the human heat (altcoins, not bitcoins) and the spirometer - a device which made mining dependable from human breathing speed (not generated it out of thin air as some suspected). This atypical structure is more beneficial, as it mines bitcoins. The rig cost developers $120,000 and generates 1.5 BTC a month. At the press time, 1.5 BTC equals 11401.86 USD, this means it will become beneficial in 10 month unless Bitcoin drops even lower for a long period of time.