Why a good fire protection concept is part of crypto mining

Crypto mining is fun, brings good returns and, in economically uncertain times, a relatively secure basis for the next few years. However, it is less fun when technical systems go on strike or, even worse, burst into flames – where #electricity is needed, there is #risk of #fire. In the following lines you will find out why a good #fire protection concept is absolutely necessary and how secure #cryptoming can be achieved.

Flaming enthusiasm
#MiningFarm operators will know what we are talking about: Anyone who operates many special computers not only has a certain noise level, but also requires a lot of #energy, which is consumed by the devices. The right #power connections ensure that the computers can be operated day and night. However, where electricity is involved, #grid errors and #overheating can also occur.

One of the biggest advantages of mining, namely the fact that #MiningRigs, Asics and farms mostly work "independently" without constant monitoring, then becomes a disadvantage: If a #cable fire or another #ignition source occurs, it is usually discovered late. As a result, equipment worth hundreds of thousands of euros burns down and the buildings are usually unusable afterwards.

Interestingly, such a case has not been reported once in Europe in recent years. Only in Asia (#China and #Thailand) did mining farms burn down completely. Most recently in Thailand late last year when a fire caused #damage in #millions. On the same day, there was an unusually high mining time (a full 119 minutes before the next Bitcoin block was found), suggesting that both events are related.

Horror reports of this kind are very reminiscent of messages from #Teslas, which often burst into flames when charging in underground garages (electricity connection).

Good concepts and modern technology
From this it can be concluded that European mining farm operators appear to be well positioned when it comes to fire safety. In this country we have good electricians, modern technology and prudent concepts, which are indispensable when operating mining machines. That is why we always recommend our customers to plan accordingly and are happy to provide advice and assistance. Insurance is also compulsory and will cover property damage in the event of a fire, but destruction of the facility causes a loss of earnings which can drag on for a long time as a new build and facility cannot be procured at the first attempt. Better to be safe than sorry!

With the Teslas, the cause of the fire always had to do with defective batteries, so that the lithium they contained came into contact with oxygen and could quickly ignite. So it wasn’t the power supply while charging. Good thing mining equipment doesn’t run on lithium batteries!