The Marlborough, Massachusetts startup began out within the early days of bitcoin mining in Hong Kong, earlier than being merged into German miner Bitfury in 2015, after which going off by itself once more in 2021. “We had been the primary firm on the planet to not solely deploy immersion cooling for mining, however to additionally do it at huge scale,” Capes mentioned, referring to 2 Bitfury websites in Central Asia.

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