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Sustainable Bitcoin Mining with
Hydro Technology in Paraguay

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8 min

Sustainable Bitcoin Mining with
Hydro Technology in Paraguay

The Bitkern Group is excited to announce a transformative partnership in Paraguay. Bitkern now offers hosting services for hydro-cooled S21 devices housed in Bitmain’s HK3 containers, the world’s leading cryptocurrency mining hardware manufacturer. This collaboration utilizes Bitmain’s advanced liquid-to-chip cooling technology. Operations will commence in May, marking a significant milestone in our commitment to sustainable and efficient Bitcoin mining.

Utilizing Hydro Cooling Technology

The new Bitcoin mining facility in Paraguay will leverage Bitmain’s innovative hydro-cooled infrastructure to set new standards in efficiency and environmental protection. By employing liquid-to-chip cooling technologies, the heat generated during mining operations is significantly reduced, enhancing the performance and longevity of the equipment. This partnership not only underscores our commitment to technological advancements but also positions us at the forefront of the global Bitcoin mining industry.

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Paraguay offers perfect conditions for our hydro-cooled mining project. The abundant hydroelectric power allows us to operate our facilities in an environmentally friendly and cost-effective manner.

Stefan Kern

CEO of the Bitkern Group AG

Hydro cooling, or liquid-to-chip cooling, represents a significant technological advancement in Bitcoin mining. This technology uses liquids to directly dissipate the heat generated during mining operations. Compared to traditional air-cooled systems, hydro cooling offers several advantages:

  1. Efficiency Increase:
    Direct cooling of the chips allows for more efficient heat dissipation, enabling the hardware to operate at an optimal temperature range. This results in higher computational power and longer device lifespan.
  2. Energy Savings:
    Improved cooling performance reduces the energy required for air conditioning in mining farms. This lowers operating costs and contributes to sustainability.
  3. Noise Reduction:
    Hydro-cooled systems operate more quietly than traditional air-cooled systems, as no loud fans are needed. This is particularly beneficial for operations in urban or noise-sensitive environments.
  4. Space Savings:
    The more compact cooling structures allow for a denser arrangement of mining hardware, reducing space requirements and increasing data center efficiency.

Paraguay: An Ideal Location for Bitcoin Mining

Paraguay has quickly established itself as a hotspot for Bitcoin mining, thanks to its abundant and cost-effective hydroelectric power. The Itaipu Dam, one of the largest hydroelectric dams in the world, provides a total capacity of 14,000 megawatts, offering a reliable and cost-efficient energy source. This makes Paraguay an ideal location for large-scale mining operations.

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By directly cooling the chips, we can significantly increase the efficiency of our mining operations while reducing operating costs. This allows us to maximize computational power and extend the hardware’s lifespan. Government support and the stable economic environment make Paraguay an attractive location for our sustainable and innovative projects.

Patrick Stich

COO of the Bitkern Group

With low electricity costs and a supportive government stance, Paraguay offers an optimal ecosystem for mining operations. Additionally, Paraguay’s robust economic growth, with a steady increase in GDP and positive macroeconomic indicators, provides significant opportunities for expansion and investment. We look forward to a successful future as we drive new advancements in Bitcoin mining technology and sustainability.

About Bitkern

Since 2017, the Bitkern Group has been a leading provider of service and hardware solutions for professional crypto miners. Focusing on High-Performance Computing (HPC) and blockchain technology, Bitkern offers tailored concepts for institutional clients and family offices. The company operates state-of-the-art data centers at strategically advantageous locations world­wide. Administrative offices are located in Austria, Switzerland, and the USA. Bitkern stands out for its use of renewable energies and adherence to strict ESG principles. With an experienced team and strong industry partnerships, Bitkern sets new standards in efficiency, sustainability, and technological innovation in the field of cryptocurrency mining.

Photo-credit: Itaipu Dam by Jonas de Carvalho, CC BY-SA 2.0
<https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons

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