This software was developed by Colin Percival, a well-known developer in the world of free software. The history behind the Scyrpt hash function dates back to the creation of the data backup software, Tarsnap. Information about the Scrypt mining algorithm: The same Frost & Sullivan consultancy refers to Bitmain being among the top 10 companies in the world in the design of integrated circuits.īitmain's current purpose is to improve computer chips to make an even more attractive digital world a reality. This company offers chips, servers, and cloud solutions for blockchain and artificial intelligence (AI) applications.Īpart from producing useful equipment and tools such as those mentioned above, it has research and development centers in Hong Kong, Singapore, and the United States. We emphasize that its hash rate can vary by ±5% and its consumption by ±5 due to manufacturing processes.īitmain was founded in 2013 in Haidian, Beijing, and is a multinational semiconductor company with state-of-the-art integrated circuit design capabilities. To reduce the noise level, obtain a lower temperature, and adjust the frequencies on the cards for greater ASIC performance (OverClock), we recommend reviewing the alternative cooling options. It has a power consumption of 3425W and is an efficient industrial-grade ASIC with a high noise level of 75db. However, high investment in existing infrastructure is anticipated to hinder the growth of Saudi Arabia immersion cooling market.īitmain's Antminer L7 machine mines using the Scrypt algorithm with a hash rate of 9.5Gh/s. Data center demand, particularly hyper-scale data centers, is expected to be driven by demand for IoT capabilities and cloud computing infrastructure. Furthermore, manufacturers provide customized solutions to their customers based on their needs. In the industry, there are several unique immersion cooling systems available, and several manufacturers retrofit off-the-shelf Information Technology Equipment (ITE) to make it compatible with their technology. There are both global and regional competitors in the industry. Growing server rack density and chip density, new use cases such as hazardous edge computing settings, and a desire to reduce energy consumption during data center cooling are the major driving factors for market growth. BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Saudi Arabia immersion cooling market size to grow at a CAGR of 12.8% during the forecast period between 20.
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