Bitdeer Announces August 2023 Operations Updates; Mined 383 Bitcoins Through Self-Mining Business In August, Representing Annual And Monthly Increases Of 124.0% And 74.1%, Respectively
Portfolio Pulse from Happy Mohamed
Bitdeer Technologies Group (NASDAQ:BTDR) announced its unaudited mining and operations updates for August 2023, revealing that it mined 383 Bitcoins through its self-mining business, representing annual and monthly increases of 124.0% and 74.1%, respectively. The company's Gedu Datacenter entered full operations with approximately 30,000 mining machines energized, boosting the company's aggregate electrical capacity by 100MW and adding approximately 3.3EH/s to its proprietary hash rate.
September 07, 2023 | 12:38 pm
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Bitdeer's successful mining operations and the full operation of its Gedu Datacenter could potentially boost its stock in the short term.
The increase in Bitcoin mining and the full operation of the Gedu Datacenter indicate a positive operational performance for Bitdeer, which could potentially attract investors and boost its stock price.
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IMPORTANCE 80
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