DCX Announces 215% Revenue Increase in 2022, Fourth Consecutive Year of Record Growth in the Cryptocurrency Mining Market
WARSAW, Poland, April 6, 2023 /PRNewswire/ -- DCX, a global leader in liquid cooling solutions for the cryptocurrency mining industry, today announced revenue growth of 215% year-over-year. The revenue increase marks the fourth consecutive year of record growth since the company began operations in 2019.
"The 2022 results demonstrate our continued technological advantage and ability to effectively serve customers in more than 50 countries around the world. Our growth in recent years has been fueled by dedicated affordable and scalable immersion refrigeration systems to both small individual miners and large operators, DCX's mining immersion solutions are designed to enable higher performance, energy efficiency and sustainable heat reuse, which has also contributed throughout the year to our company and our individual customers have saved $10 million in energy," said Tomasz Buk, DCX's Chief Scientist.
"We have amazing customers who have trusted us, this is why we have been able to deliver over 2,000 individual immersion systems with a total refrigeration capacity of 80MW, making us a leader in the refrigeration industry. fast growing liquid. A great position for the upcoming announcements of the new architecture of DCX Immersion Cooling Systems," said Maciek Szadkowski, technical director of DCX.
DCX immersion cooling systems allow our customers to protect expensive hardware from wet weather or sub-zero temperatures, reuse heat, or overclock the ASIC machine, providing faster ROI and better TCO for a mining operation.
New contracts and contributions to customer success
In 2022, DCX successfully met its delivery plan to major markets, also delivering world-class new systems to the US, its #1 global market:
Since the launch of DCX operations in 2019, the company has continued its development across Europe and international markets. Currently, DCX serves more than 50 markets on 6 continents.
DCX, dcx.eu, cryptocooling.eu, headquartered in Warsaw, Poland, EU, is a leading global company offering a complete portfolio of sustainable liquid cooling systems: Direct Liquid Cooling and Immersion Cooling dedicated to high performance computing, including cryptocurrency mining operations and IT data centers.
The DCX portfolio includes mining immersion pans and mining immersion rack solutions, immersion server systems, cooling distribution units (CDUs) dedicated to direct liquid cooling (DLC). The company also supplies immersion-optimized dry coolers and Thermasafe dielectric fluids. DCX offers comprehensive design and implementation services, making it the first choice for liquid cooling systems for cryptocurrency mining and IT, data centers and edge applications.
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