Bitdeer Announces June 2024 Production and Operations Update; Mined 179 Bitcoin

Author: Benzinga Newsdesk | July 03, 2024 09:13am

- Significant increase in global contracted power capacity to 2.5 GW

- Initial sample shipments of Sealminer A1 ASICs installed and energized at Bitdeer sites

- Completed tape-out of SEAL02 chip targeting 14 J/TH

- On track to deploy 3.4 EH/s of Sealminer ASICs in Q4 2024

SINGAPORE, July 03, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for June 2024.

Operational Highlights

Self-mined Bitcoin: Mined 179 Bitcoin.
Power capacity: Expanded global contracted power capacity to 2.5 GW with 570 MW, 30-year, lease agreement with Monroe County Port Authority in Ohio, U.S.
Datacenter: Commenced conversion of 100 MW at Rockdale, Texas site to hydro-cooling, with anticipated completion in Q4 2024.
ASIC development:
- Unveiled SEALMINER technology roadmap, beginning with the SEAL01 at 18 J/TH and progressing to the SEAL04 at 5J/TH by Q2 2025.
- Initial Sealminer A1 ASIC samples received and energized at Bitdeer sites for testing.
- Completed tape-out of SEAL02 chip, targeting a chip efficiency of 14 J/TH. Masks and wafers expected to be delivered in Q3 2024.
- Initiated R&D of SEAL03 chip, targeting a chip efficiency of 10 J/TH.
HPC and AI cloud services: AI cloud services powered by NVIDIA DGX SuperPOD with H100 system demonstrated strong demand by customers and crossed 75% utilization during the month.

Posted In: BTDR