Bitdeer Technologies Group (NASDAQ: BTDR) shares fell Thursday as the Singapore-based company, a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for September 2024. Self-mined Bitcoin totaled 164 Bitcoins.
SEALMINER A1 mass production remains on schedule for Q4 2024 and is expected to contribute 3.4 EH/s to Bitdeer’s proprietary hashrate. Deployment will align with the energization of the Texas hydro-cooling conversion and Tydal, Norway phase 1 in late Q4 2024 and early Q1 2025.
SEAL02 chip initial tape-out wafers were received from TSMC in mid-September. Initial verification and prototype testing indicated a 13.5 J/TH efficiency, while running at low voltage, ultra power-saving mode.
SEAL02 chips will be integrated into Bitdeer’s SEALMINER A2 mining machines, with mass production scheduled to commence in November 2024.
TLM Group successfully completed its feasibility assessment of Bitdeer’s Massillon and Clarington/Hannibal sites in Ohio, reporting largely positive results regarding their suitability for Tier 3 HPC/AI datacenters, due to the availability of land, power, fiber and water resources. The Company has commenced discussions with development partners and potential end users for these sites.
BTDR shares gave up 4.5 cents to $6.88.