Cointime

Cointime

Download App
iOS & Android
Home / Projects

Bitdeer Technologies Completes Construction of Bitcoin Mining Facility in Bhutan with 11,000 Miners Running Stably

Bitdeer Technologies, a bitcoin mining firm founded by Jihan Wu, has completed the construction of a mining facility in Bhutan and is currently conducting power-on testing. The Gedu data center in Bhutan has received around 15,000 additional mining machines, with approximately 11,000 already running stably.

Bitdeer aims to build mining projects in Bhutan with a total hash rate of nearly 20 EH/s through its recently launched Bitdeer Green Bitcoin Fund, which plans to raise $80 million for its first-phase construction project. In July, Bitdeer mined 220 bitcoin through its self-mining business, up 41% year-on-year, with a proprietary hash rate of 7.9 EH/s at the end of the month.

Bitcoin Bitcoin $95,770.75
-1.14%
bitcoin mining
Comments

All Comments

Recommended for you

  • Binance Futures will launch U-based and Coin-based quarterly 0627 delivery contracts

    Binance Futures will launch the following quarterly 0627 delivery contracts for U-based and coin-based contracts within a few hours after the expiration of the quarterly 1227 delivery contracts on December 27 at 16:00 U.

  • Binance to Launch MORPHO and CHILLGUY USDT Perpetual Contracts

    Binance futures platform will launch perpetual contracts with a maximum leverage of up to 75 times at the following times:

  • Coinbase International has launched COW perpetual contracts

     Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available.

  • Binance will delist GFT, IRIS, KEY, OAX, and REN

     Binance will delist the following trading pairs on December 10, 2024: GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Additionally, Binance Futures will close all positions and automatically settle the KEYUSDT and RENUSDT USDⓈ-M perpetual contracts on December 3, 2024 at 09:00 (UTC). After the settlement is completed, the contracts will be delisted.

  • XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22

    On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8).

  • Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts

     Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC).

  • Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network

    According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud.

  • The country's first digital RMB-based intellectual property securitization product was successfully issued

    "Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.

  • APT breaks through $9.5

    market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.

  • EIA Temporarily Suspends Emergency Survey of Bitcoin Mining Industry

    The US Department of Energy has temporarily suspended its emergency survey of Bitcoin mining operators' energy usage. The Energy Information Administration (EIA) will halt its mandatory survey for over a month and keep the data that had already been secured from stakeholders in the Bitcoin mining industry earlier this February. Riot Platforms and the Texas Blockchain Council had previously sued the administration of President Joe Biden, planning to boycott the survey citing that it could cause potential harm to businesses by compelling them to release confidential and sensitive information. The plaintiffs requested a permanent injunction from the court which mandates that EIA first complies with the law before going ahead to request the data.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company