TechCrunch: Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech
News

TechCrunch: Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech

Data centers and bitcoin mining operations are becoming huge energy hogs, and the explosive growth of both risks undoing a lot of the progress that’s been made to reduce global greenhouse gas emissions. It’s one of the major criticisms of cryptocurrency operations and something that many in the industry are trying to address.

Enter LiquidStack, a company that’s spinning out from the cryptocurrency hardware technology developer Bitfury Group with a $10 million investment.