Bitdeer invests $240 million in TSMC to mass-produce SEAL02 chips, boosting efficiency and targeting a 40 EH/s hashrate in 2025.
7 EH/s of SEALMINER A2 units are allocated to external clients, with demand surpassing available production capacity ahead of bulk shipments in March 2025.
Bitdeer is moving quickly, as the company founded by Jihan Wu has announced significant changes to its business approach. Good and bad news exists, nevertheless. With the SEALMINER A2 mining system, they are aiming for a hashrate of 40 EH/s by 2025 on the one side.
Conversely, the Q4 2024 financial report displayed far less positive numbers. How therefore is Bitdeer approaching this obstacle?
Bitdeer Gears Up for 40 EH/s With SEALMINER A2
Bitdeer has set aside a lot of money for TSMC, one of the biggest manufacturers of chips, to aim for 40 EH/s next year. According to The Miner Mag, the $240 million payment for Q4 2024 is meant for mass production of the SEAL02 chip, which will form the brain of SEALM