Bitdeer Completes Testing Of Its Latest SEAL02 Bitcoin Mining Chip; SEAL02 Uses One Of The Most Advanced Process Nodes In Partnership With TSMC
Portfolio Pulse from Benzinga Newsdesk
Bitdeer Technologies Group (NASDAQ:BTDR) has successfully tested its latest Bitcoin mining chip, SEAL02, developed in partnership with TSMC. The chip boasts a power efficiency ratio of 13.5 J/TH and will be integrated into SEALMINER A2 machines, with mass production starting in November 2024.
September 26, 2024 | 12:05 pm
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Bitdeer Technologies Group has completed testing of its SEAL02 Bitcoin mining chip, achieving a significant power efficiency milestone. This development is in partnership with TSMC and aligns with Bitdeer's roadmap for innovative mining solutions.
The successful testing of the SEAL02 chip represents a significant technological advancement for Bitdeer, potentially enhancing its competitive position in the Bitcoin mining industry. The partnership with TSMC and the upcoming mass production of SEALMINER A2 machines could positively impact Bitdeer's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TSMC is partnering with Bitdeer Technologies Group in the development of the SEAL02 Bitcoin mining chip, showcasing its advanced process node capabilities.
TSMC's involvement in the development of the SEAL02 chip highlights its role in cutting-edge semiconductor technology. This partnership may enhance TSMC's reputation in the blockchain and high-performance computing sectors, potentially benefiting its stock.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 50