Bitdeer Technologies Group Announces July 2023 Mining and Operations Updates
Bitdeer Technologies Group, a leading cryptocurrency mining company, has released its unaudited mining and operations updates for July 2023. Here are the key points:
– Total hash rate under management reached 20.6 EH/s, showing steady growth compared to previous months and the same period last year.
– Proprietary hash rate increased to 7.9 EH/s, indicating the company’s expansion in self-mining operations.
– Bitdeer mined 220 Bitcoins in July, a 41% increase compared to the previous year, despite a slight decline from June due to lower transaction fees and reduced power usage.
– The number of mining machines under management increased to 215,000, including both self-owned and hosted machines.
– The construction of the Gedu Datacenter in Bhutan was completed, with testing currently underway. Around 11,000 miners are already running stably.
Bitdeer CEO, Linghui Kong, expressed satisfaction with the company’s progress, emphasizing their commitment to scaling operations and securing future growth.
Hot Take
Bitdeer Technologies Group continues to demonstrate its ability to expand and adapt in the cryptocurrency mining industry. With steady growth in hash rates, increased mining capacity, and the completion of the Gedu Datacenter, the company is well-positioned for future success. Despite minor setbacks, Bitdeer remains committed to providing comprehensive mining solutions and contributing to the stability of the industry.
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