Mining

Bitdeer Announces Massive 100MW Gedu Datacenter Partnership With Bhutan

Bitdeer Applied sciences Group, a world-leading expertise firm for the cryptocurrency mining neighborhood, has introduced its unaudited mining and operations updates for Might 2023. The corporate’s whole managing hash fee held regular at 18.0 EH/s, and its combination electrical energy capability remained at 795MW. The deployed fleet comprised roughly 191,000 ASIC mining machines, together with 62,000 of the corporate’s personal mining machines for its self-mining enterprise and Cloud Hash Charge enterprise and roughly 129,000 mining machines for the corporate’s internet hosting enterprise. The corporate mined 283 Bitcoins in Might by way of its self-mining enterprise.

The corporate primarily operates three distinct enterprise strains. Self-mining refers to cryptocurrency mining for the corporate’s personal account, which permits it to seize the excessive appreciation potential of cryptocurrency straight. Hash Charge Sharing at present primarily contains Cloud Hash Charge, wherein the corporate affords hash fee subscription plans and shares mining earnings with clients beneath sure preparations. Internet hosting encompasses a one-stop mining machine internet hosting answer, together with deployment, upkeep, and administration providers for environment friendly cryptocurrency mining.

Bitdeer’s Gedu mining datacenter in Bhutan is anticipated to be delivered in July 2023. As soon as in use, the Gedu datacenter would be the firm’s first datacenter in Asia and can contribute an extra 100MW to the corporate’s combination electrical energy capability. This may assist the operation of 30,000 mining machines which can provide one other 3.3 EH/s to the corporate’s proprietary hash fee. The datacenter will function at carbon neutrality because of Bhutan’s in depth hydroelectric energy era.

Bitdeer focuses on offering complete digital asset mining options for its clients. The corporate handles complicated processes concerned in mining, akin to miner procurement, transport logistics, mining datacenter design and development, mining machine administration, and each day operations. Bitdeer has mining datacenters deployed in the US and Norway.

DISCLAIMER: The knowledge on this web site is supplied as normal market commentary and doesn’t represent funding recommendation. We encourage you to do your individual analysis earlier than investing.

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