Technology

SpinX® Reduces Costs for Bitcoin Mining Data Centre

11.6%

reduction in energy consumption

21.3ºC

drop in operating temperature

Reduced

thermal stress on hardware

Recent tests conducted at the University of Oulu have demonstrated that SpinX® technology significantly enhances the efficiency of Bitcoin mining operations. This innovative technology, which optimises energy transfer in standard electrical cables, promises substantial cost savings and performance improvements for data centres.

SpinX® technology is a revolutionary system that minimises energy loss in electrical cables. By using a special conductor coating, SpinX® technology ensures nearly lossless energy transfer, reducing energy consumption and lowering operating temperatures. This technology is environmentally friendly, using recyclable materials that are safe for the planet.

The tests carried out on behalf of a leading US Bitcoin mining company, showed impressive improvements in the performance of Bitcoin mining equipment. The key findings include:

  • Reduced Energy Consumption: The SpinX cables reduced power consumption by 11.6%, which translates to significant cost savings.
  • Lower Operating Temperatures: The mining equipment's operating temperature dropped by 21.3°C (38.4°F), decreasing the need for cooling and extending its lifespan.
  • Cost Savings and Increased Efficiency: Reducing power consumption results in annual electricity cost savings of over $700 per mining unit. For a large-scale operation, this equates to millions of dollars saved annually

With the success of these initial tests, We are poised to revolutionise the crypto-mining industry. The next steps involve more extensive testing in real-world conditions and developing optimised solutions for broader applications. The potential to overclock processors using SpinX® technology could further increase mining efficiency and profitability without additional hardware investments.

SpinX® technology improves efficiency and reduces costs but also supports sustainable energy practices. By lowering energy consumption and extending equipment lifespan it contributes to a reduced carbon footprint, promoting a more environmentally responsible approach to cryptocurrency mining.

The successful testing highlights SpinX® technology's transformative potential for crypto-mining operations. As data centres seek to improve efficiency and sustainability, SpinX® technology offers a powerful solution that delivers measurable benefits and supports long-term profitability.