MicroBT, a leading manufacturer of Bitcoin mining rigs, is focused on meeting the need for upgraded power supplies in Bitcoin mining. In an interview held at Bitcoin 2023 in Miami Beach, MicroBT COO Jordan Cheng highlighted the company’s commitment to developing a solar power mining solution. According to Chen, “Solar power is the best power source for bitcoin mining, both from a decentralization and sustainability perspective.” He further explained that MicroBT is working with partners along the value chain to provide mature solutions that utilize solar power for mining around the world.
Chen detailed adjusting the voltage and frequency of MicroBT’s Whatsminer rig to adapt to changes in solar power. “Mining machines need to adapt to changes in power to keep mining all day with different operating voltages and frequencies,” he said. Chen said the cost of this dynamic adjustment is only “1% to 2% efficiency compared to traditional shutdown and restart methods,” ensuring continuous mining work and generating revenue. I emphasized that it is optimized.
Discussing the new Whatsminer M50 series cooling schemes, Chen provided insight into the benefits and unique features of each scheme. “Air cooling draws heat through a fan, whereas hydro cooling uses a water cooling pad, eliminating the need for a fan or heat sink and increasing lifespan,” he explained. Mr. Chen emphasized the benefits of immersion cooling, saying that it is “no dust, no exposure to corrosive air, low noise, and long life.”
Chen shared MicroBT’s focus on heat utilization scenarios, stating that “heat generated during the mining process is transferred to an external heating loop through a heat exchanger.” . Furthermore, he explained that the heat recovery rate can reach as high as 95%. Chen emphasized that MicroBT is working with customers in a variety of applications, including providing heating services to communities and generating steam for industrial applications such as food processing.
When discussing MicroBT’s vision for the future of Bitcoin mining, Chen emphasized the company’s commitment to harnessing renewable energy and maximally reusing the heat generated during mining. Focusing on minimizing our carbon and carbon footprint, he said, “Our vision is to enable bitcoin mining to make an ever-greater positive contribution to society. It is.”