Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources.

What is Mining?

Mining is the process of adding transaction records to the blockchain’s public ledger of past transactions by bundling transactions into blocks. Miners participate in a race to validate these blocks, the first miner to validate a block receives a fraction of the cryptocurrency as a reward. The most common and proven form of mining algorithm today, is the Proof-of-Work consensus algorithm. In the early days of cryptocurrencies you could mine on your home computer but these days are long gone. Now you need to
order highly specialized hardware that consumes vast amounts of energy. A big part of the mining is still done in China, around 70%, where they use a lot of fossil fuels. This needs to be changed! HydroMiner tackles this problem by only using renewable energy to make the blockchain future-proof. The hardware is deployed directly into hydro power stations where the temperature is cool and the energy supply is stable.

Hydro Power Facts

85%
Lower Energy Costs
20%
Worlds Energy
89%
Carbon Neutral
90%
Efficiency

Utilzing Hydro Power

Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. One of the most important decisions is the location where the equipment is placed, various aspects like the political, tax and energy-market situation have to be considered. Our current focus after Austria is building new facilities in Armenia.

Improving Hardware at the core

Hydrominer’s technical team is specialized in designing the physical infrastructure for mining facilities and deploying the mining hardware. Tuning and optimizing individual miners and GPU´s is part of our routine as well as managing replacements and upgrades of hard- and software.

Proprietary cooling system

A certain level of temperature in the mining facility must be reached and hold. Our ventilation engineer constructs an airflow that optimizes the energy efficiency in terms of cooling down the equipment. If it is allowed, the water from the rivers can also be used for cooling down the equipment. Depending on the mining facility we developed a suitable cooling solution using an efficient air ventilation system. In more challenging environments we work together with greenmining.com. Hydrominer is in the last phase of experiments with Novec liquids from 3M, the goal is to save space and energy during the cooling process for GPUs. The right layout for each facility is one of the most important tasks, it is crucial for the lifecycle of the hardware and optimizing it allows us to run the most profitable mining software.

Minimize Downtime

We monitor our mining farms 24/7 from several workspaces with a web interface ensuring that IP, temperature, hashrate, wattage, fans and memory are all operating at maximum efficiency. Each power station has a responsible schooled technician that can reach the location in short time. This allows us to minimize downtime and guarantees a profitable mining operation.