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Hardware guide

ASIC Cooling Methods Compared

Compare air, evaporative-assisted air, hydro and immersion cooling for ASIC miners on one framework and shortlist the method that fits your site.

Published October 1, 2026 · Reviewed by James Emerson

An aisle between two walls of racked air-cooled miners with yellow power cables
Air-cooled miners racked along an aisle at Argo Blockchain's Mirabel facility, 2018. Shown as an example of a facility layout; it is not our facility and Argo Blockchain has no connection with us.

There are four practical ways to cool ASIC miners: plain air, air pre-cooled by evaporation, hydro (cold plates in a water loop) and immersion (machines submerged in dielectric fluid). All four end the same way, by rejecting heat to outdoor air. They differ in how many steps the heat takes to get there, what temperature limits each step, and whether you spend your money on buildings and fans or on pumps, pipework and fluid. This guide compares them on fixed criteria and points you to the detailed guide for each.

Key points

  • Choose the cooling method from site conditions first: peak ambient temperature, humidity, dust, water availability, noise limits and space.
  • Air has the lowest entry cost and the highest exposure to the environment. Liquid methods move cost into plant and remove the machine from the airstream.
  • Evaporative cooling only works where the air is dry, and it adds humidity that manufacturers warn about.
  • Liquid-cooled machines accept coolant far warmer than the air an air-cooled machine accepts, which is why dry coolers work in hot climates.
  • Compare methods on total power, miners plus cooling, not on machine efficiency alone.

One framework for all four

Every method is a chain from chip to atmosphere. Each link needs a temperature difference to move heat, so the chain has a budget: the chip's limit at one end and the outdoor air at the other.

Method Heat rejection path
Air Chip → heatsink → air through the machine → exhaust to outdoors
Evaporative-assisted air Outdoor air → wet pad (cooled by evaporation) → machine → exhaust to outdoors
Hydro Chip → cold plate → water-based coolant → plate heat exchanger → dry cooler or cooling tower
Immersion Chip → dielectric fluid → plate heat exchanger → water loop → dry cooler or cooling tower

Two outdoor temperatures matter. Dry-bulb temperature is what a normal thermometer reads; air cooling and dry coolers cannot cool below it. Wet-bulb temperature is the lowest temperature evaporation can reach, and it is well below dry-bulb only when the air is dry. Evaporative pads and cooling towers work towards wet-bulb.

The machine side of the budget is published by the manufacturer. Bitmain publishes an operating temperature of −20 to 45 °C for the air-cooled Antminer S21 XP, and MicroBT publishes −5 to 35 °C for the WhatsMiner M60S. For liquid-cooled models the limit is on the coolant: Bitmain publishes 20–50 °C inlet for both the S21 XP Hyd. and the S21 XP Imm. Coolant at 45–50 °C can still shed heat to 40 °C air through a dry cooler; intake air at 45 °C leaves an air-cooled machine with no margin.

The criteria

  • Capex shape: where the capital goes, apart from the miners.
  • Opex: cooling energy, consumables and labour.
  • Density: how much power fits in one machine and one container or room.
  • Noise: sound at the machines and at the site boundary.
  • Climate suitability: which climates it handles without derating.
  • Water use: whether it consumes water in normal operation.
  • Maintenance skill: what your staff need to be able to do.

Comparison table

Criterion Air Evaporative-assisted air Hydro Immersion
Capex shape Building or container shell, racks, filters, exhaust fans As air, plus pad walls, water supply, pumps and water treatment Pumps, pipework, manifolds, heat exchanger, dry cooler or tower, coolant Tanks, dielectric fluid, pumps, heat exchanger, dry cooler or tower
Opex Site fan power, filter changes, frequent dust cleaning, fan replacement As air, plus water, pad replacement and scale control Pump and cooler fan power, coolant testing and replacement, filters Pump and cooler fan power, fluid top-up and testing
Density Lowest. Limited by air volume per machine Same machines as air High. More power per chassis, compact racks High. Machines packed closely in tanks
Noise High at the machine and at exhaust High Low at the machine; cooler fans outdoors Low at the tank; cooler fans outdoors
Climate suitability Cool to moderate, clean air Hot and dry; poor in humid climates Hot, dusty or cold with antifreeze Hot, dusty, humid or coastal
Water use None Continuous None with a dry cooler; continuous with a tower None with a dry cooler; continuous with a tower
Maintenance skill Basic electronics handling and cleaning As air, plus water system upkeep Plumbing, water chemistry, leak testing Fluid handling, pumps, spill control
Environment reaches the boards Yes Yes, with added moisture No No
Machine type Air-cooled models Air-cooled models Hydro models only Immersion models, or converted air units

Notes on each method

Air

The machine is self-contained: plug it in and it cools itself, provided you supply enough cool air and remove the exhaust. The work is in the building. Hot exhaust must not find its way back to the intake, and intake air must be filtered without choking flow. Dust is the main enemy; Bitmain recommends cleaning about once a month and running in a low-dust environment. Details and published figures are in Air vs Hydro Bitcoin Miners.

Evaporative-assisted air

A wet pad wall (also called a water curtain) at the intake cools incoming air by evaporating water into it. In a hot, dry climate this can bring intake air down substantially; in a humid climate it does almost nothing, because the air cannot take up more water. The machines are ordinary air-cooled units.

The cost is humidity and water. Bitmain's guidance for Antminers recommends keeping humidity below 65% and says not to use a water curtain where a lot of dust has accumulated, because moisture adheres to the dust and corrodes hashboards. Its specifications allow 10–90% relative humidity only without condensation. So evaporative cooling needs clean machines, good filtration ahead of the pads, and control that backs off when humidity is high. Hard water also scales the pads and needs treatment or bleed-off.

Hydro

Cold plates and a closed coolant loop take the heat straight from the chips to an outdoor cooler. You get quiet, sealed machines with high power per unit, and you take on a plant that must hold flow, temperature, pressure and coolant chemistry within manufacturer limits. Components, sizing and failure modes are in Hydro Mining Explained.

Immersion

Machines sit in tanks of dielectric fluid that is pumped through a heat exchanger. Nothing in the environment reaches the boards and there are no machine fans. You pay for tanks and fluid, and servicing is slower and messier. Dielectric fluids carry less heat per litre than water, so flows are larger than in hydro. See Immersion Mining Explained.

Counting cooling power

A miner's rated wall power includes its own fans but not your site's cooling. To compare methods, measure or estimate total site power and divide by miner power. That ratio is commonly called PUE (power usage effectiveness).

Effective efficiency = miner J/TH × PUE.

An illustrative example: a site with 1,000 kW of miners rated at 15 J/TH and 50 kW of cooling and auxiliary load has a PUE of 1,050 ÷ 1,000 = 1.05 and an effective efficiency of 15 × 1.05 = 15.75 J/TH. Ask any cooling supplier for the design PUE at your peak ambient temperature and check what it includes. Then put the effective figure, not the datasheet figure, into the electricity cost calculator.

Shortlisting by site condition

Site condition Methods to shortlist Reason
A few machines, existing room Air No plant to build
Cool, clean air most of the year Air Free cooling with little filtration
Hot and dry, water available Evaporative-assisted air, hydro, immersion Evaporation works; liquid methods also suit
Hot and humid Hydro, immersion Evaporation is ineffective and humid air harms boards
Dusty, sandy or coastal Hydro, immersion Boards are out of the airstream
Noise limits at the boundary Hydro, immersion No machine fans
No water supply Air, or hydro or immersion with dry coolers No evaporative loss
Heat reuse planned Hydro, immersion Heat arrives as warm liquid
Severe winters Air, or hydro with antifreeze Air units must be kept above their minimum start temperature; liquid loops need freeze protection and inlet temperature control

Whichever method you choose, power distribution must be designed and installed by a qualified electrician to local code, and the cooling plant's own load belongs in that design.

Sources