Liquid cooling technology: the key engine for the green transformation of the cryptocurrency industry
——A new heat dissipation paradigm under the computing power revolution in 2025

In the cryptocurrency industry, computing power is power. From Bitcoin mining to AI-driven smart contracts, computing power demand is growing exponentially. However, high-density computing power brings not only wealth, but also huge energy consumption and heat dissipation challenges. Traditional air cooling technology can no longer meet the demand, and liquid cooling technology, with its efficient heat dissipation and energy-saving characteristics, is becoming the core solution for the green transformation of the cryptocurrency industry. This article will analyze the importance of liquid cooling technology to cryptocurrency from three dimensions: technical principles, industry needs, and market prospects.

1. Computing power requirements and heat dissipation pain points of cryptocurrency
Cryptocurrency mining, AI model training, blockchain data processing and other scenarios are increasingly dependent on computing power. For example, the single-chip power consumption of NVIDIA GPUs has exceeded 700 watts, and the cabinet power density of AI clusters generally reaches 50kW/cabinet 1013. Traditional air cooling technology faces two major bottlenecks:

Insufficient heat dissipation efficiency: The thermal conductivity of air is only 1/25 of that of liquid, and it cannot cope with the heat accumulation of high-density computing power.

Excessive energy consumption: The PUE (energy usage efficiency) of air cooling systems is usually above 1.5, while liquid cooling can reduce the PUE to below 1.1, saving up to 40%-50% energy.

For mining farms and blockchain data centers, heat dissipation costs account for 30%-50% of total operating costs. Liquid cooling technology is directly related to profitability and sustainable development.

2. The core advantages of liquid cooling technology
Liquid cooling directly or indirectly contacts the heat source through liquid to quickly remove heat. Its technical paths include cold plate, immersion and spray. The following are its three major advantages in the field of cryptocurrency:

1. Ultra-high heat dissipation efficiency

The power density of a single cabinet of immersion liquid cooling can reach 200kW, far exceeding the 20kW upper limit of air cooling. For example, the liquid cooling solution of hyperfusion increases the computing power density of AI training clusters by 10 times11.

Cold plate liquid cooling can cover core components such as CPU and GPU, and the heat dissipation efficiency is increased by 50%.

2. Significantly reduce operating costs

The energy consumption of liquid cooling system is 30%-50% lower than that of air cooling, and long-term operation can save millions of dollars in electricity bills.

Extended equipment life: Low temperature environment reduces the loss of electronic components, and the failure rate of mining machines decreases by 20%-30%.

3. Green compliance

China's "East Data West Computing" project requires that the PUE of new data centers be lower than 1.3, and liquid cooling is a key technology to achieve this goal.

Heat recovery: Liquid cooling waste heat can be converted into heating or industrial energy, promoting the transformation of mining farms from "energy consumption centers" to "energy stations".

3. Industry applications and market outbreak

In 2025, liquid cooling technology is rapidly penetrating from the supercomputing field to the cryptocurrency industry:

Layout of leading companies:

Inspur Information has built the largest liquid cooling base in Asia, with an annual production capacity of more than 100,000 units, and cold plate liquid cooling cabinets have been delivered in batches, with PUE reduced to below 1.1.

Lenovo Group's warm water cooling technology has been applied to many green data centers around the world, reducing energy consumption by 42%.

Market demand surges:

China's liquid-cooled server market is expected to exceed 20 billion yuan in 2025, with a compound annual growth rate of 67%.

The global liquid-cooled data center market will reach 3 billion US dollars by 2026, with AI and cryptocurrency driving 60% of demand growth.

Cost reduction: "Wind and liquid are the same price" is expected to be achieved in 2025, further accelerating popularization.

4. Future trends: Deep synergy between liquid cooling and cryptocurrency

AI and blockchain integration: AI agents and smart contracts require real-time data processing, and liquid cooling ensures computing power stability.

Decentralized computing power network: Platforms such as Bittensor rely on distributed computing power nodes, and liquid cooling technology can lower the threshold for individual miners.

Policy-driven: As carbon tax policies in various countries tighten, liquid cooling has become a "must-have" for compliant operations in mining farms.