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.
Advantages for the Bitcoin Network and the future of Lightning Network technology
The expansion of the adoption of Lightning Network in the mining sector could transform the entire Bitcoin ecosystem in several ways:
- Less congestion on the blockchain: By reducing the number of on-chain transactions, Lightning Network helps to prevent Bitcoin network overload.
- Lower commissions: With Lightning, miners and users save on transaction fees, which can be high during periods of heavy traffic.
- Faster payments: Immediate payment processing allows miners to receive their earnings without having to wait for block confirmation on the blockchain.
With the adoption of Lightning continuously increasing, the future of Bitcoin mining appears to be oriented towards a more efficient and sustainable model. If more mining pools were to adopt this system, the entire sector could benefit from better performance and greater reliability in the long term.
Bitdeer shares in a strong bear
Despite technological advances and the support of a major investor like Tether, Bitdeer shares (BTDR) are down over 50% since the beginning of the year. At the time of publication, the stock is trading at $10.48.
The negative trend could be linked to the volatility of the cryptocurrency market and the regulatory uncertainties that affect companies in the sector.
According to Christopher Calicott, managing director of TVP, the mining pool sector has been characterized for too long by an unclear fee system and excessive centralization.
With the new infrastructure offered by DMND, both large publicly traded operators and independent miners will be able to actively participate in the decentralization of the Bitcoin network.
Having thus full control over the construction of the blocks and receiving payments in a more equitable and transparent manner.
This initiative not only enhances the autonomy of the miners, but also marks a fundamental step in strengthening the integrity and security of the Bitcoin blockchain.
The reduction of costs
When the hashrate increases, the overall costs of mining also tend to increase.
But the cost of the hashrate can sometimes also decrease thanks to an increase in efficiency.
The Hashprice Index measures the cost of hashrate, understood as the operating cost of 1 Ph/s.
One Petahash per second (Ph/s) is one thousandth of an Exahash per second (Eh/s), which is the unit of measurement used to express the estimated value of the overall hashrate.
A year ago, the average cost of a Ph/s was even higher than 100$, but in May of last year, it dropped to 44$.
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