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Bitcoin Miner Bitdeer made 196 BTC last month



Bitcoin

The mining firm BitDeer (BTDR) increased self -capacity of self and expanded its international operations in May, according to the company Monthly updates.

Singapore-based firm mined 196 BTC last month-to 18% since April-as it pushed the expansion of sealminer A2 rigs to US, Norway, and Bhutan data centers.

The company’s proprietary hashrate now sits at 13.6 exahashes per second (eh/s), thanks to the energization of 3.9 eh/s worth of sealminer A1 machine and the continuous control of the A2 line.

Bitdeer also sent 1.6 eh/s of sealminer A2 units to external customers on the moon, which signed a growing hardware mining adoption.

Company infrastructure buildings also get pace. In Norway, 70 megawatts (MW) of a planned 175 MW expansion in Tydal is online, with the remaining 105 MW expected to be boosted by the end of June.

In Bhutan, the Jigmeling site began strength, with plans to bring an additional 368 MW online for a total of 500 MW. A 221 MW facility in Massillon, Ohio, remains a track for phased completion in the second half of the year.

The company’s reach reaches new markets. The Bitdeer is preparing a 50 MW site in Ethiopia with support from a local partner and acquired a fully licensed owner in Alberta, Canada, where it will build a natural gas gas plant to support mining operations.

In May, Tether exercise warrants from a previous financing round, giving the bitdeer $ 50 million cash in exchange for more than 5 million shares. At the forefront, Bitdeer said it stays on the track to reach 40 eh/s with self -mining capacity in October.



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