The temperature is independent of the actual heat flux. Also - a quick search suggests that at best the data center coolers run at COP of little more than 10. The inverse of that is the amount of heat wasted just on cooling. Having a system not relying on heat pumps would only make it better. A back of the envelope calculation based on PC AIOs suggests they would achieve a COP of 20 or more. A scaled up system would be more efficient than that, if not just for wider tubes.