Jan 23, 2015
New Post has been published on Bitcoin:Views
BitFury Eyes Bitcoin Mining Advantage With Immersion Cooling Acquisition
22 January 2015 | Tanaya Macheel | Coindesk.com
BitFury Group has signed an agreement to acquire Allied Control, a Hong Kong-based tech startup that provides cooling systems for supercomputing and data center applications.
The move will make Allied Control a subsidiary and in-house special department of the bitcoin mining and transaction processing company. The deal has not yet been closed and is subject to customary conditions.
Allied specializes in two-phase immersion thermal management platforms – a technology that could perhaps match the power and energy challenges posed by large-scale bitcoin mining operations.
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