Bitdeer unveils new Bitcoin mining chip SEAL01 By biedexmarkets.com

SINGAPORE – Bitdeer Technologies Group (NASDAQ:BTDR), a global technology company specializing in blockchain and high-performance computing, has announced the successful testing of its first mining chip, the SEAL01.

Designed to be integrated into the company’s new SEALMINER A1 machines, the SEAL01 chip has demonstrated a power efficiency of 18.1 J/TH, which is considered exceptional in the industry.

According to Jihan Wu, Founder, Chairman, and Chief Executive Officer of Bitdeer, the introduction of the SEAL01 chip and SEALMINER A1 mining machines marks a significant advancement in the company’s mining technology portfolio. “These products showcase our technology excellence and position us well for the future,” Wu stated.

The SEAL01 chip is fabricated using a 4-nanometer process technology, a partnership with a leading semiconductor foundry. This advanced technology is a strategic move by Bitdeer to address the future demands of Bitcoin mining, which include the need for high efficiency, lower operating costs, and a reduced environmental footprint.

Bitdeer’s global research and development team has focused on breaking new ground in chip design, firmware, and system hardware to ensure performance and efficiency, especially in anticipation of the upcoming Bitcoin halving event.

Headquartered in Singapore, Bitdeer has expanded its operations with data centers located in the United States, Norway, and Bhutan, offering comprehensive computing solutions and advanced cloud capabilities for artificial intelligence applications.

This announcement is based on a press release statement from Bitdeer Technologies Group.

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