Bitdeer Says it Posted 41% Rise in Bitcoin Self-Mining in July

Aug. 8, 2023, 2:58 AM UTC

Nasdaq-listed crypto miner Bitdeer Technologies Group mined 220 Bitcoin in July, a 41% year-on-year increase in its self-mining business, according to a statement.

  • Bitdeer has completed construction of a Bhutan datacenter and added 15,000 mining machines at the location in July
  • The firm has about 11,000 miners already running at the Bhutan site
  • Bitdeer has continued to curtail power usage at its mining datacenter in Texas amid extreme summer heat
  • NOTE: Bhutan Plans $500 Million Fund for Crypto Mining in Himalayas

To contact the reporter on this story:
Suvashree Ghosh in Singapore at sghosh186@bloomberg.net

To contact the editors responsible ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.