Curated News
By: NewsRamp Editorial Staff
July 12, 2024

Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in Bitcoin Mining

TLDR

  • Bitdeer's SEALMINER roadmap promises innovative power efficiency 5J/TH chips by Q4 2025, providing a competitive advantage for Bitcoin miners.
  • Bitdeer is committed to R&D for its SEALMINER mining rigs, with a roadmap spanning from Q1 2024 to Q4 2025, showcasing the step-by-step development process.
  • Bitdeer's transparent advancements in Bitcoin mining rig development aim to reduce financial losses for miners and improve the industry's sustainability, making tomorrow better than today.
  • Bitdeer's SEALMINER technology roadmap represents an exciting leap forward in the Bitcoin mining industry, with breakthrough chip energy efficiency and strategic investments in R&D.

Impact - Why it Matters

This news matters because Bitdeer's technology roadmap promises innovation and transparency in Bitcoin mining, offering greater clarity to miners and potentially reducing financial losses. The company's growth and development, including the increase in revenue and bitcoins mined, presents an exciting opportunity for investors interested in the sustainable approach to Bitcoin mining.

Summary

Bitdeer has unveiled its technology roadmap for the SEALMINER Bitcoin mining rig, targeting mass production of power efficiency 5J/TH chips by Q4 2025. The company believes transparent advancements in mining rig development are critical to miners’ success, offering greater clarity into the Bitcoin hardware lifecycle, investor buying behaviors, and equipment inventory. Bitdeer's SEALMINER roadmap includes milestones such as the release of chip energy efficiency 18.1J/TH, an upgrade to 14J/TH, then 10J/TH, and finally a low 5J/TH machine for mass production by Q4 2025. The company has also entered a $150 million private placement and bolstered its ASIC chip capabilities through acquisition, leading to a 64.6% increase in Q1 revenue and a 65% increase in bitcoins mined.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in Bitcoin Mining

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