Bitdeer Technologies Group is a global leader in blockchain and high-performance computing technology, headquartered in Singapore. The company was founded in January 2021 as a spin-off fromBitmainFounded in 2006 by Bitmain, one of the largest manufacturers of Bitcoin mining hardware. Jihan Wu, co-founder of Bitmain, is CEO and Executive Chairman of Bitdeer
Company history
After its spin-off from Bitmain, Bitdeer quickly established itself as a standalone player in the crypto mining sector. In April 2023, the company was listed on the NASDAQ under the ticker BTDR with a valuation of $1.18 billion. In 2024, Tether acquired a $100 million stake in Bitdeer, underscoring its confidence in the company's future.
Areas of activity
Bitdeer operates in several key areas:
- Bitcoin mining:
The company operates its own mining farms in the USA, Norway, and Bhutan and provides hosting services to customers. - Hardware development:
Bitdeer develops its own mining hardware, including the SEALMINER series, and produces specialized chips such as the SEAL02. - Data centers:
With over 30 data centers built worldwide, including one of the largest in North America, Bitdeer provides infrastructure for high-performance computing. - AI Cloud:
As an NVIDIA Preferred Partner, Bitdeer operates an AI cloud platform with GPU servers for AI and ML applications. - Software solutions:
With tools like Minerplus, the company offers software for managing and optimizing mining operations.
Current models
Bitdeer has launched several models of its SEALMINER series:
SEALMINER A1:
The first model with an energy efficiency ratio between 20J/TH and 23J/TH.
SEALMINER A2:
Equipped with the SEAL02 chip, this model offers an efficiency of 16.5J/TH and is available in air- and water-cooled versions with hash rates of 226TH/s and 446TH/s, respectively.
SEALMINER A2 Pro:
The latest generation with an efficiency of 14.9J/TH.
A2 Pro Air: Air-cooled, hashrate between 255TH/s and 270TH/s, power consumption between 3,790W and 4,050W.
A2 Pro Hyd: Water-cooled, hashrate between 500TH/s and 530TH/s, power consumption between 7,450W and 7,900W .Investing.com German+1Bitdeer+1
Future miner models such as the SEAL03 and SEAL04 are already in development, with targeted efficiencies of 10J/TH and 5J/TH respectively.
Conclusion
Bitdeer has established itself as an innovative and reliable player in the Bitcoin mining space. With its in-house hardware development, global data centers, and entry into AI cloud services, the company demonstrates a clear vision for the future. Continuous improvements in the energy efficiency of its mining hardware and expansion into new technologies position Bitdeer as a leading provider in the industry.
