Bitdeer completes testing of the SEAL03 chip for Bitcoin mining: extraordinary energy efficiency

Bitdeer Technologies Group (NASDAQ: BTDR) has announced the success of tests on its new chip for Bitcoin mining, SEAL03. The prototype achieved an energy efficiency of 9.7 J/TH, operating in low voltage and ultra energy-saving mode.

This result represents a significant step forward in mining technology, respecting the goals set in the SEALMINER roadmap.

 

Summary

A high-efficiency chip with advanced technology for Bitcoin mining designed by Bitdeer

The SEAL03 chip was developed using one of the most advanced process nodes available, thanks to the collaboration with TSMC, one of the leading semiconductor foundries in the world.

This advanced technology allows the chip to achieve a high level of energy efficiency, a crucial characteristic for Bitcoin mining, an activity that requires enormous amounts of electrical energy.

The Chief Business Officer of Bitdeer, Matt Kong, emphasized the importance of this milestone, stating that the success of the test demonstrates the company’s commitment to research and development of cutting-edge solutions.

The SEAL03 chip will be integrated into the future series of SEALMINER A3 mining machines, with mass production scheduled to start in the second half of 2025.

This new hardware will help improve the operational efficiency of miners, reducing energy costs and increasing the sustainability of the sector.

In parallel, Bitdeer announced that the R&D team is already working on the development of the next chip in the series, SEAL04, confirming the ongoing commitment to technological innovation.

The company aims to further improve the efficiency and performance of its devices, following its strategic roadmap.

Bitdeer: a leader in technology for mining and high-performance computing

Bitdeer is recognized as one of the leading global companies in the field of blockchain computing and high-performance computing.

Offers complete solutions for its clients, covering every phase of the process, from equipment procurement to data center management.

The company manages data centers in United States, Norway, and Bhutan, ensuring reliable and scalable infrastructure for cryptocurrency mining and other high-intensity computing applications.

Furthermore, Bitdeer offers advanced cloud computing solutions, aimed particularly at clients with needs related to artificial intelligence.

SEALMINER is the mining machine brand of Bitdeer, designed to offer efficient and sustainable solutions.

The integration of SEAL series chips allows SEALMINER devices to improve the ratio between energy consumption and performance. Thus responding to the growing demand for cost optimization in the cryptocurrency sector.

The objective of SEALMINER is to provide innovative, reliable, and efficient devices for Bitcoin mining, contributing to making the entire ecosystem more sustainable.

Communications and updates for investors

Bitdeer has invited investors and the public to follow its updates through official channels. Including its own website and social platforms such as X (formerly Twitter), Facebook, and LinkedIn.

Through these channels, the company communicates strategic information and important announcements regarding new technological and operational developments.

The announcement of the success in the SEAL03 tests strengthens Bitdeer’s position among the leading companies in the cryptocurrency mining.

With mass production scheduled for the second half of 2025 and the ongoing development of the next generation of SEAL04 chips, the company aims to consolidate its technological advantage.

Investors and mining operators are watching with interest the evolution of Bitdeer’s products. These could represent a paradigm shift in terms of efficiency and sustainability for the Bitcoin mining industry.

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Deploying smart contracts on the Ethereum blockchain

First of all, one or more developers must obviously create the smart contract by writing the appropriate lines of code, and then they must send it to the Ethereum network.

In technical terms, publishing it on the Ethereum blockchain means making all the nodes in the network receive and execute it. Once published, all instructions in it will always be executed by all nodes in exactly the same way.

Therefore, not only its publication but also the execution of instructions is irreversible once it is published on the blockchain.

Therefore, what really matters are the instructions it contains – which can be the most diverse – and how many people use it. Indeed, in order for the instructions of a smart contract to actually be executed, there must be one or more transactions that invoke them.

It is also worth remembering that these instructions generally involve the use of resources, such as data or tokens, so for them to actually be executed, all the conditions set as necessary must be met. 

Sometimes this data comes from outside, thanks to so-called oracles, while sometimes it simply comes from transactions on the blockchain.

Usually, the transaction that triggers the execution of the instructions contained in a smart contract involves the payment of a fee in ETH, and in many cases in order to actually trigger the execution also involves the payment or sending of tokens specific to the smart contract itself, or other smart contracts.

Technically, smart contracts are a type of account on the Ethereum blockchain, “controlled” by the network rather than a central entity. They can store ETH or tokens, and can also send transactions on the network autonomously.

A contract in the Solidity language would be like a kind of union of a code (the functions) and data (its state) located at a specific address on the Ethereum blockchain. Each contract contains declarations of state variables, functions, function modifiers, data structures and events.

The MiCA regulation, which came into force with the aim of uniformly regulating the cryptocurrency sector within the European Union, imposes new conditions that particularly concern:

  • – The mandatory authorization of crypto service providers
  • – The transparency of whitepapers
  • – The reserve requirement for stablecoin issuers
  • – Surveillance on systemic risks

One of the main impacts is precisely on stablecoins, like USDT, which will have to demonstrate that they have solid, transparent, and accessible reserve assets.

The platforms that wish to maintain the trading of these tokens within the European market will need to ensure that the assets are fully compliant.

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