Bitdeer provides August 2023 operations update

Bitdeer announced its unaudited mining and operations updates for August 2023. During August, the Gedu Datacenter entered full operations with approximately 30,000 mining machines energized. This boosts aggregate electrical capacity by 100MW and adds approximately 3.3EH/s to proprietary hash rate. The company mined 383 Bitcoins through its self-mining business in August, representing annual and monthly increases of 124.0% and 74.1%, respectively. Proprietary hash rate as of August 31 increased by approximately 0.8 EH/s from 7.9 EH/s as of July 31, primarily attributable to the arrival of approximately 7,000 additional mining machines at the company’s Gedu mining datacenter in Bhutan. As of the end of August, the Gedu Datacenter’s entire 100MW electrical capacity had been deployed.