Bitcoin

Read

<div class="cryptonews">
 <p class="is-style-lead">Blockchain company Bitdeer has become a cloud service provider in the NVIDIA partner network.</p>
 <p>Bitcoin cloud <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> services company Bitdeer Technologies Group has entered into a <a rel="noopener noreferrer nofollow" title="partner" href="https://thebittimes.com/tag/partner.html">partner</a>ship agreement with NVIDIA to double down on supercomputing resources.</p>
 <p>In a press release on Nov. 9, Bitdeer said it had become a cloud service provider (CSP) in the NVIDIA <a rel="noopener noreferrer nofollow" title="partner" href="https://thebittimes.com/tag/partner.html">partner</a> network. It allows the Singapore-based company to launch a cloud service in Asia powered by NVIDIA DGX SuperPOD, an artificial intelligence data center infrastructure with DGX H100 systems.</p>
 <p>NVIDIA’s Senior Director of the DGX platform, Tony Paikeday, said the <a rel="noopener noreferrer nofollow" title="partner" href="https://thebittimes.com/tag/partner.html">partner</a>ship opens doors for Bitdeer to provide the AI supercomputing and software “needed to build and deploy generative AI models and services.”</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Bitdeer to buy back shares worth up to $2m
 </div>
 <p>Founded in 2018 by Jihan Wu, a co-founder of Bitcoin (BTC) <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> giant Bitman, Bitdeer says it is currently “methodically building its GPU cloud business” as part of its strategic roadmap.</p>
 <p>Eventually, Bitdeer plans to offer complex products such as Platform-as-a-Service, Software-as-a-Service, Application-as-a-Service, and Infrastructure-as-a-Service with custom APIs. According to the company, DGX SuperPOD-based cloud service platform is expected to be launched in Q1 2024.</p>
 <p>Bitdeer’s shares BTDR continued to decline in value despite the news being released, losing 6.3% at $3.53 on Friday, Nov. 10. The company’s market cap decreased to $392.6 million, according to Nasdaq.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Bitdeer completes its Bhutan mining facility
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/jihan-wu-s-bitcoin-mining-firm-bitdeer-partners-with-nvidia-tbt69806.html">https://thebittimes.com/jihan-wu-s-bitcoin-mining-firm-bitdeer-partners-with-nvidia-tbt69806.html</a></p>

Jihan Wu’s Bitcoin mining firm Bitdeer partners with NVIDIA

TheBitTimes

Other articles published on Nov 10, 2023

Future Contracts

7 Good Reasons to Attend Sigma Europe 2023

India tightens control with 3,000 police officials trained in crypto investigations

Zcash

Cryptography

[9C M] Monthly Newsletter - Nov 2023

Join our free newsletter for daily crypto updates!