Chuck L’Ecuyer’s company story starts with a site visit. In 2019, he said, his team went to a crypto mining site and looked around, and he left with one thought.
I said to myself, there's got to be a better way.
Chuck L’Ecuyer · 0:25
L’Ecuyer, CEO and founder of CS Corporation, home of the Intelliflex line of products, gave this keynote at Mining Disrupt Fort Lauderdale 2025, held March 25–27, 2025. The first half walked through Intelliflex’s liquid immersion systems for Bitcoin miners, year by year. The second half introduced the Octopod, a modular data center for AI and high-performance computing. Bitcoin traded at $87,393 on March 25, 2025; on October 19, 2026, it was $82,691.
Single-phase immersion from the first prototype
Intelliflex began prototyping in 2019, running proof-of-concept tests on both single-phase and two-phase liquid immersion to decide which one to bring to market. Single-phase won, and L’Ecuyer gave the reasons in one line.
Single phase was selected because of the cooling capacity based on the compute density, cost of production, simple operation and maintenance.
Chuck L’Ecuyer · 3:56
The team then built its first unit, which it calls Iron Man 1. In 2021 the company opened a new headquarters and manufacturing facility with an R&D lab, and put its manufacturing capacity at one gigawatt per year. The same year brought its first large deployment, 60 megawatts, which the team called its world tour. He said there were a few challenges on the way, but called it a success overall.
L’Ecuyer said the company’s design brief is footprint and density: how much capacity fits on a single parcel of land. One six-megawatt system carries four cooling pods on top, and every unit has its own power distribution, immersion tank, network system, pump and fans. Intelliflex designs, builds, deploys and operates its systems, and its products are UL certified. The company’s motto, he said, is Start to Finish.
Three generations in four years
Immersion-ready miners reached the market in 2022. L’Ecuyer said the hardware makers’ adoption of liquid immersion helped push Intelliflex’s sales, and the R&D lab spent that year optimizing the generation one module for the new miners.
Generation two, deployed in 2023, added optimization for augmented flow distribution, a new SPDU generation for single- and three-phase mining operations, local HMIs on the industrial automation system and an updated PID control loop. Generation three, in 2024, added stainless double-braided hoses for longevity and reliability, more flow from a new VFD-driven pump, a FlexFlow distribution design whose injection nozzles can be changed quickly to suit any miner on the market, and a busway system for primary power distribution.
For 2024 and 2025 the company reworked its US-built dry cooler. He said many of the changes were driven by noise and by operation and maintenance: the unit is meant to stay quiet in high ambient temperatures, and its motors are easy to reach when something fails.
430 megawatts deployed, 500 in the backlog
At the time of the talk, Intelliflex counted 430 megawatts of systems deployed worldwide, with another 500 megawatts in its backlog.
now today where we sit in 25 is 430 megawatt of deployed system globally,
Chuck L’Ecuyer · 8:45
L’Ecuyer said the company was very happy with where it stood, credited the trust of clients and partners, and thanked the Intelliflex team.
He also announced an expansion of manufacturing and service in Texas: a central location for U.S. projects and clients, with access to manufacturing partners and talent. He said it was due to be running by the second quarter of 2025.
it allows for an additional 2 gigawatt of manufacturing capacity.
Chuck L’Ecuyer · 8:23
To show the range of sites the systems handle, he listed four deployments: New Brunswick, with a cold, humid, coastal climate; Wyoming, cold and high altitude, where low air density is a challenge for dry coolers; Abu Dhabi, with extreme heat and desert dust; and South Florida, where a system withstood two hurricanes while running in high heat and humidity.
The Octopod: a Tier 3 data center in modules
The second half of the session turned to a newer product line.
in response to market demand, we are proud to announce our newest line of product, the Octopod.
Chuck L’Ecuyer · 13:03
L’Ecuyer described the Octopod as a Tier 3 AI and HPC data center built for rapid deployment, and said it is not a new product. Design work started in 2023, and the first product launch came in 2024 at the Yotta show in Las Vegas. Also in 2024, Intelliflex signed an OEM partnership agreement with WWT, World Wide Technology. In 2025 it signed a 300-megawatt agreement with TerraSys.
And in 2025, 300 megawatt agreement with TerraSys and our friend Chad Harris.
Chuck L’Ecuyer · 14:04
The deployment he showed on screen scales up to 100 megawatts. It is built from pre-engineered modules that cover every building block of a Tier 3 site, from the switchgear to the IT hall. The cooling module pairs chiller units with roof-mounted dry coolers on variable-speed control; three chillers with their dry coolers and piping give N+1 redundancy. The switchgear module takes incoming utility power, with feeder breakers and protection for the medium-voltage site, and can be customized to the power source on site. The MegaBox, a unit substation, handles medium-voltage transformation, metering and protection downstream of the switchgear. Control room modules house operators, central servers, networking, a workshop and a restroom, and a site can have more than one.
For backup power, the Octopod uses a diesel rotary UPS in place of batteries.
Diesel rotary uninterruptible power supplies eliminates the need for battery and combined generator and UPS system into one component, making for more efficient and reliable systems.
Chuck L’Ecuyer · 15:43
The compute module, which L’Ecuyer called the heart of the Octopod, holds the servers and network racks, immersion tanks and smart PDUs. A busway runs along the top, a liquid cooling manifold runs down the center between two rows of server racks, and air-handling units sit on the outer walls. Direct-to-chip cooled racks still give off residual heat, up to 30% depending on the hardware, and the air circulation takes care of it.
Mining parts in a new package
The two halves of the talk share parts. L’Ecuyer said the Octopod uses the same dry cooling system as Intelliflex’s IMDC mining product, and that the company repackaged many of its existing components into a different system.
We repackage a lot of our existing components into a different system.
Chuck L’Ecuyer · 15:31
Mining Disrupt returns March 22–24, 2027.