Bitdeer, a leading Bitcoin mining company, is excited to announce the upcoming launch of its SEAL02 mining chip. Following a successful tape-out with renowned semiconductor manufacturer TSMC, this innovative chip is designed to deliver an exceptional power efficiency ratio of 13.5 J/TH, even while operating at lower speeds.
Linghui Kong, Chief Business Officer at Bitdeer, expressed enthusiasm about reaching the power efficiency target outlined in their roadmap. He stated, “Our ongoing commitment to R&D is making possible innovative and superior solutions.”
Bitdeer plans to commence mass production of the SEAL02 mining machines in November. Additionally, the company is already researching the next-generation SEAL03 mining chip.
Earlier this year, Bitdeer Technologies Group entered into an agreement with Tether for a private sale of shares valued up to $150 million. As part of its growth strategy, Bitdeer has also ventured into the AI computing sector. In its recent financial report, the Singapore-based company indicated a net loss of $17.7 million in Q2 2024.
This announcement comes as Bitdeer continues to expand its influence in the cryptocurrency market while addressing investor interests and technological advancements.
