So is this the wave of the future? We don’t know but we Intel has been working on using mineral oil to cool. (image by http://green.blogs.nytimes.com)
We are not ready for this yet… at lease I don’t think so. Most people would think it’s totally crazy to dip their servers into a liquid container to cool it down however Intels has been playing with a non conductive mineral which they think will result in a greener data center.
More can be found here