Bitdeer Technologies Ramps Up Mining Power
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Bitdeer Technologies Ramps Up Mining Power

Bitdeer Technologies (BTDR) has released an update.

Bitdeer Technologies Group has reported a massive expansion of its global power capacity to 2.5 GW and is progressing with its SEALMINER ASIC technology, targeting enhanced efficiency in Bitcoin mining. The company has mined 179 Bitcoins in June 2024 and is gearing up to boost its proprietary hash rate to 11.8 EH/s by the end of the year. Additionally, Bitdeer is converting a Texas site to hydro-cooling and sees strong customer demand for its AI cloud services, powered by NVIDIA’s advanced systems.

For further insights into BTDR stock, check out TipRanks’ Stock Analysis page.

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