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Bitdeer Mined 1,310 Bitcoin in August, Up 249% From a Year Earlier

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JOON HYOUNG LEE

Summary

  • Bitdeer said it mined about 1,310 Bitcoin last month, up 249% from a year earlier.
  • The company said both its in-house data center self-mining hashrate and its joint-mining hashrate increased.
  • Bitdeer said annualized revenue from its AI cloud business rose from a month earlier to about $86 million.

Forecast Trend Report by Period

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Photo: Bitdeer
Photo: Bitdeer

Bitdeer Technologies Group, a Nasdaq-listed Bitcoin miner, said its Bitcoin output in August surged nearly 250% from a year earlier.

Odaily reported on September 17 that Bitdeer mined about 1,310 Bitcoin in August, the company said that day. That was up 249% from about 375 Bitcoin a year earlier and about 10% from roughly 1,190 Bitcoin in July.

Bitdeer’s self-mining hashrate at its own data centers rose to 79.9 EH/s in August from 76.7 EH/s a month earlier. Its joint-mining hashrate, which operates Bitdeer-owned mining machines at external data centers, increased to 21.6 EH/s from 18.7 EH/s over the same period.

As of the end of August, Bitdeer held 61 Bitcoin, down from 257 a month earlier.

Annualized revenue from Bitdeer’s artificial intelligence cloud business totaled about $86 million in August, up by nearly $10 million from about $76 million in July.

#Mining
JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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