that's going to have a tendancy to cause condensation and other nasty things
Why do people always get this shit backwards? If you place something cold in a warm/hot environment, the air near the cold thing gets supersaturated with water vapor and condenses on the surface. If you place something hot in a cold environment, the air near the hot thing will accept a much larger amount of water vapor compared to the environment and will NEVER condense. The worst you'll see in this setup is fog in the air.
A mining rig has mulitple temperatures throughout it's going to cause "fog" near the exhaust and condensation on it's cooler components. but feel free to test this and report back with video