Bitdeer Technologies Group (NASDAQ: BTDR), a leading technology company in the cryptocurrency mining community headquartered in Singapore, announced its unaudited mining and operations updates for July 2023 on August 7, 2023.
The company, committed to providing comprehensive digital asset mining solutions, handles complex processes involved in mining, including miner procurement, transport logistics, mining data center design and construction, mining machine management, and daily operations. Bitdeer has mining data centers deployed in the United States and Norway.
The total hash rate under management reached 20.6 EH/s as of July 31, 2023, compared to 18.8 EH/s in June 2023 and 12.1 EH/s in July 2022. The proprietary hash rate increased to 7.9 EH/s from 6.2 EH/s as of June 30, 2023. Bitdeer mined 220 Bitcoins through its self-mining business in July, marking a 41% year-over-year increase.
However, this was a 7.9% decline compared…
