Why Bitcoin Mining Might Actually Be Great For Sustainability

The Report Covers Data Center Liquid Immersion Cooling Market Manufacturers and is Segmented By type (single-phase immersion cooling system and two-phase immersion cooling system), by cooling fluid (mineral oil, deionized water, fluorocarbon-based fluids, and synthetic fluids), by application (high-performance computing, edge computing, artificial intelligence, cryptocurrency mining), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market size and forecasts are provided in USD for all the above segments. Source: https://www.mordorintelligence.com/industry-reports/immersion-cooling-market-in-data-centers

The global immersion cooling market size was estimated at USD 197.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 22.6% from 2023 to 2030. The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth.Strict lockdowns enforced by global governments in the wake of the COVID-19 pandemic in 2020 hampered industry expansion. The lockdowns also impacted data centers, wherein data center consolidation was put on hold. Moving servers, closing buildings, and constructing a new location were all more difficult in the COVID-19 universe.