In a significant move underscoring the growing importance of sustainable energy sources in Bitcoin mining, Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR) has announced the completion of its state-of-the-art mining facility in the Kingdom of Bhutan. The facility, located in Gedu, is currently undergoing power-on testing, with a significant portion of its mining machines already operational, the company announced via Twitter.
Bitcoin Mining Facility In Bhutan Is Set To Launch
Linghui Kong, Chief Executive Officer of Bitdeer, remarked on the company’s progress, stating, “We made significant strides on both the operational and infrastructure fronts during July. Our total hash rate under management saw steady year-over-year and monthly growth.” He further highlighted the company’s commitment to scaling its operations, noting the mining of 220 Bitcoins through their self-mining business in July, marking a 41%…
