Bitcoin

<a href="https://ultramining.com/news/en/bitdeer-pioneers-crypto-mining-expansion-with-norway-and-bhutan-data-centers/" rel="noopener noreferrer nofollow">Bitdeer</a> Technologies Group has <a href="https://www.globenewswire.com/news-release/2023/08/07/2720183/0/en/Bitdeer-Announces-July-2023-Operations-Updates.html" rel="noopener noreferrer nofollow">announced</a> significant progress in its mining and operations for July 2023. The total <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">hash rate</a> under management increased to 20.6 EH/s, up from 18.8 in June and 12.1 in July 2022. Importantly, <a href="https://ultramining.com/news/en/bitdeer-pioneers-crypto-mining-expansion-with-norway-and-bhutan-data-centers/" rel="noopener noreferrer nofollow">Bitdeer</a> mined 220 Bitcoins through <a href="https://ultramining.com/news/en/riot-battles-texas-heat-to-produce-410-btc-and-stabilize-energy-grid/" rel="noopener noreferrer nofollow">self-mining</a> in July, marking a 41% year-over-year increase. 
In addition, the company managed to conserve energy in its <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/" rel="noopener noreferrer nofollow">Texas</a> datacenter due to extreme heat, thereby generating power credit. The construction of the Gedu Datacenter in Bhutan is complete, with 15,000 mining machines arriving in July, and 11,000 are now running stably. 
CEO Linghui Kong expressed pride in these achievements and is optimistic about securing future growth. <a href="https://ultramining.com/news/en/bitdeer-pioneers-crypto-mining-expansion-with-norway-and-bhutan-data-centers/" rel="noopener noreferrer nofollow">Bitdeer</a>'s three distinct business lines: <a href="https://ultramining.com/news/en/riot-battles-texas-heat-to-produce-410-btc-and-stabilize-energy-grid/" rel="noopener noreferrer nofollow">self-mining</a>, <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">hash rate</a> sharing, and <a href="https://ultramining.com/news/en/bitcoin-mining-reshaping-landscape-amid-global-interest-surge/" rel="noopener noreferrer nofollow">hosting</a>, continue to evolve. Consequently, the aggregate electrical capacity remained consistent across five mining datacenters. <a href="https://ultramining.com/news/en/bitdeer-pioneers-crypto-mining-expansion-with-norway-and-bhutan-data-centers/" rel="noopener noreferrer nofollow">Bitdeer</a>'s strategic approach and strong performance make it a notable player in the cryptocurrency mining community. 
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Bitdeer Soars with 41% Increase in Bitcoin Mining and Major Expansion in Bhutan

Ultramining_Eng

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