On November 7th, Bitdeer publicly released its unaudited mining and operational updates for October 2023 on its official website. In October, Gedu data center provided 3.3EH/s of computing power and mined 211 bitcoins, accounting for about 46% of the total bitcoins mined in that month. The number of bitcoins mined in October 2023 increased by 173.4% compared to the same period last year. The number of bitcoins mined in October 2023 decreased by 4.1% compared to September 2023, mainly due to the increase in the total computing power of the Bitcoin network. The company generally does not hold cryptocurrencies obtained through its mining business and promptly converts them into fiat currency.
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