Bitdeer Develops 4nm Bitcoin Mining Chip for Upcoming Equipment

Bitdeer Technologies, a Singapore-based Bitcoin mining company founded by Jihan Wu, has described its self-designed Bitcoin mining chip as “successful” for use in its upcoming mining rig, the Sealminer A1. He said, “It was tested with .”

Nasdaq listed company presentation SEAL01, the first cryptocurrency mining chip from X on Monday, is designed with the semiconductor manufacturer’s 4-nanometer process technology. The chip can achieve a power efficiency ratio of 18.1 J/TH, the company claimed.

“This powerful chip delivers enhanced functionality. Bitcoin BTC

+5.16%
It improves mining performance by minimizing power consumption, lowering operating costs and reducing miners’ environmental footprint,” Bitdeer said in an X post. The company has not disclosed a release date for the new mining equipment.

Bitdeer added that the newly designed chip allows it to optimize efficiency, stability, and performance in preparation for the upcoming Bitcoin halving, which is expected to occur in April.

Bitdeer shares closed at $6.76 on the Nasdaq on Friday, up 2.11%.

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