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Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in the Mining Industry

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Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in the Mining Industry

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Expects to mass produce innovative ultra efficient 5J/TH chips by Q4 2025 with investments in R&D

Mediaportalanda, SINGAPORE, June 07, 2024 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its research & development (R&D) technology roadmap for the SEALMINER Bitcoin mining machine. This disclosure reaffirms the Company’s ongoing commitment towards driving greater transparency in the mining industry.

In the dynamically evolving mining market, two aspects of transparency are particularly crucial for miners. Firstly, miners’ expectations of future technological advancements and delivery timelines of mining machines; Secondly, access to data analytics of mining machine capabilities, equipment inventory, and collective purchasing behavior.

“Bitdeer has a long term commitment towards enhancing transparency in our industry. We believe that the financial models of Bitcoin miners are significantly impacted by price uncertainty. If these two aspects of transparency are not addressed, the mining community is more likely to suffer severe financial losses. Thus, we are pleased to narrow this information gap by disclosing our R&D technology roadmap for SEALMINER,” said Linghui Kong, Chief Business Officer of Bitdeer.

The SEALMINER’s technology roadmap and product release milestone is as follows:

SEALMINER Technology Roadmap
SEAL01 – Chip energy efficiency 18.1J/TH, released in Q1 2024

Previously announced in March 2024, Bitdeer’s 4nm process Bitcoin mining chip SEAL01 has an energy efficiency of 18.1J/TH. SEAL01 has been seamlessly integrated into the SEALMINER A1 mining machine. As Bitdeer’s inaugural mining machine, the SEALMINER A1 is expected to have a wall-mount power consumption between 20J/TH and 23J/TH. The first batch is expected to be mass-produced and delivered in Q3 2024.

SEAL02 – Chip energy efficiency expected to be 14J/TH, planned for release in Q3 2024

The SEAL02 chip is scheduled to be launched in Q3 2024, with an expected chip energy efficiency of 14J/TH. The optimization of the mining machine’s wall-mount power consumption is expected to be in the range of 15J/TH to 16.5J/TH. The second-generation SEALMINER mining machine is expected to be mass-produced and delivered starting in Q4 2024.

SEAL03 – Chip energy efficiency expected to be as low as 10J/TH, planned for release in Q4 2024

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