Bitdeer Technologies Group, a prominent technology company specializing in blockchain and high-performance computing, recently announced its unaudited mining and operations updates for December 2023.
During the period, the company achieved remarkable results, showcasing robust performance in its core business. It successfully mined a total of 434 Bitcoins, marking a 7.7% increase compared to the previous month and a staggering 149.4% surge from December 2022. Notably, this achievement came despite the retirement of approximately 6,000 legacy mining machines.
Bitdeer’s Gedu Datacenter, which remained fully operational throughout December, played a crucial role in the company’s success. The datacenter provided a hash rate of 3.3EH/s, contributing to the mining of 230 Bitcoins representing roughly 53.0% of the total mined for the month. Additionally, Bitdeer welcomed a new general hosting customer, resulting in an increase in the hosting hash rate on a month-over-month basis.
The company also shared updates on its expansion plans. Construction of a cutting-edge 175MW immersion cooling datacenter at the Tydal mining facility in Norway is progressing as scheduled and is set to be completed by mid-2025. Furthermore, Bitdeer intends to commence construction of a 221MW datacenter in Ohio, United States, with a target completion date in 2025. These strategic endeavors are in line with the company’s commitment to expanding its electrical capacity and paving the way for future growth.
Bitdeer is not solely focused on mining operations. The company is also delving into the AI cloud service domain, with the receipt and installation of their initial NVIDIA DGX H100 systems. These systems will undergo testing and enable Bitdeer to launch its cloud service platform during the first quarter of 2024.
Looking ahead to the new year, Bitdeer is enthusiastic about replicating the significant success it experienced in 2023. The company is eager to explore new opportunities while remaining committed to its core business. Above all, Bitdeer is dedicated to creating enduring value for its shareholders throughout the coming year.
With its diverse business lines, including self-mining, hash rate sharing, and hosting solutions, Bitdeer Technologies Group is poised to remain a key player in the blockchain and high-performance computing industry.
The source of the article is from the blog agogs.sk