Bitdeer Announces May 2024 Operations Updates

Bitdeer Announces May 2024 Operations Updates

SINGAPORE, June 06, 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 May 2024.
Linghui Kong, Chief Business Officer of Bitdeer, commented, “During May, we made solid progress on our key initiatives at Bitdeer. We successfully completed the initial trial production run of our Sealminer A1 ASICs and we will begin shipping samples to our data centers for testing. Concurrently, we continued to make progress on the development of our nearly 1.1 GWs of new power infrastructure across the U.S.A., Norway, and Bhutan, with the first 40 MWs of capacity in Norway slated to come online by the end of 2024. We plan to fill this new capacity as well as existing capacity with our proprietary Sealminer A1s, enhancing our proprietary hash rate by approximately 3.4 EH/s to 11.8 EH/s in total. Meanwhile

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