In you solution at the moment there liquid in heatpipes changing they aggregate state to gas on contact surfaces, what are on the top. You bacame a bubbles, and new luquid has problem to became a contact direct to hottest surfaces.
My solution where better, so the steam bubbles will go up like in a pan with water on the kitchen stove
something like this from Genesis mining farm in Island
http://i68.tinypic.com/29b1svp.jpg
I have another question, whats is the best solution for cooling down room because of mining PC room gets hot
I use fan to extract the hot air.