Mining Crytopcurrency Out at Sea

The large amount of energy required for intense computational work such as cryptocurrency mining is an ongoing issue, and liquid cooling is one solution that’s been explored since the early days of PC development. But what if instead of bringing water to your computer system, you put your computer in the sea?

Lone Gull’s most recently issued patent is for a self-powered computing buoy, a floating device that utilizes the surrounding water and wind to cool down its components while powering computationally expensive tasks such as cryptocurrency mining, complex simulations, and artificial intelligence. The patent also claims a drone charging system, which could greatly enhance the range of drones flying over large bodies of water. In addition to the present invention, Lone Gull’s IP portfolio includes systems for wave-powered power generation as well as a wind-powered computing buoy. However, you don’t have to worry about running into one of these devices out in the water just yet as Lone Gull has not appeared to commercialize any of these products thus far.

Buoy, Beacon, Warning, Setting Of Buoys, Shipping

Related Posts

Ernst & Young Pulls Ahead of the Big Four in Cryptocurrency Investment

In May of 2021, accounting firm Ernst & Young (E&Y) announced that it is investing $100M into decentralized finance (DeFi) and…


Coinbase IPO Headlines. Its Patents Indicate a Bullish Future.

In Q1 2021, Patent Forecast® reported on Coinbase going public via direct public offering. At the time, market watchers predicted a…


Consensys Raises $65M, Gets Platform and First Patent Asset

Blockchain solutions developer Consensys raised $65M in its recent funding round with investments from big-name financial institutions…