Close Menu
    What's Hot

    OpenAI SoftBank Gets $1.5B Investment, Enables Employee Cash-Outs

    November 27, 2024

    Analyst Predicts Bitcoin Price Target of $120K as Key Indicator Turns Bullish

    November 5, 2024

    Crypto Support PAC Raises $78M for 2026 Midterm Push

    November 4, 2024
    Facebook X (Twitter) Instagram
    BTCProNews
    • News
      • Bitcoin News
      • Ethereum News
      • Solana News
      • Alt coins News
    • Learn
    • Price Predictions
    • Analysis
    • About BPN
      • About Us
      • Our Authors
      • Editorial Policies
      • TOC
      • Privacy Policy
      • Contact Us
    BTCProNews
    Home » News » Bitdeer Presents Energy-efficient Bitcoin Mining Chip
    Bitcoin mining
    News

    Bitdeer Presents Energy-efficient Bitcoin Mining Chip

    Scott DawsonBy Scott DawsonJune 7, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bitcoin mining becomes better with this chip that helps computers use less energy, is better for the environment, costs less, and mines faster.

    Bitdeer Technologies, a BTC mining company, for the new SEALMINER machine, has introduced the SEAL04 chip in its plan for the new SEALMINER machine.

    SEAL04 chip is likely to come in the second quarter of 2025 and aims to have energy efficiency as low as 5 joules per terahash.

    According to the news release, the aim is to make mining more open to the public. This means that the miner will know about the advancement in technology and the anticipated delivery date of the equipment. Analyzing data on machine capabilities, inventory, and purchasing details is also part of it.

    Leading the way in energy-efficient Bitcoin mining

    Bitdeer mentioned that fourth-generation SEALMINER devices will make use of a SEAL04 chip. These devices will be produced in large quantities, and their delivery will start in the last quarter of 2025.

    These machines will be very beneficial because they will use less power, around 5.5–6 joules terahash, which is less than the usual 29 joules per terahash.

    Mining companies focused on using less power, as Bitcoin mining used a lot of energy. Many miners moved to North America after the prohibition in Kazakhstan. In North America, electricity comes from cleaner sources, or they make a setup where machines use sustainable energy or are not connected to main grid power.

    The introduction of a less energy-consuming chip is a big achievement in the crypto-mining world.

    This chip, with less use of power, makes BTC mining better. Due to this, miners have to spend less money on running the equipment, which is good for the environment too.

    Advances in previous chips

    Bitdeer reported in March that they had tested SEAL01, a tiny chip designed to mine Bitcoin. For every unit of work, it consumed 18.1 joules of power. they gave it a try in their Sealminer A1 mining equipment.

    A unique process of creating small components served in the creation of the first SEAL01 chip. According to the company, this chip could do a great deal with 18.1 joules of power.

    In the world of Bitcoin mining, chips are crucial. They perform all the intricate calculations required to ensure that transactions on the blockchain are legitimate and safe, acting as the operation’s brains.

    A week later, on May 31st, it came to light that Tether had reached a private agreement to buy Bitdeer shares for up to $150 million.

    According to Tether CEO Paolo Ardoino, Bitdeer is among the top Bitcoin mining forms since they have become adept at utilizing cutting-edge technology and conducting research to enhance their business process.

    Bitdeer Technologies organization and Druk Holding and Investments (DHI), Bhutan’s investment organization, teamed up in May 2023 to establish carbon-free and ecologically sustainable digital asset mining activities in Bhutan.

    After contacting Bitdeer for further information about the SEAL04 chip, Cointelegraph has not received a response.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Scott Dawson
    • Website

    Scott, a Scottish financial expert based in Glasgow, specializes in wealth management and equity investing. He writes full-time for various financial websites, including Btcpronews, and offers startup consulting to small businesses seeking funding. With a Bachelor’s degree in Finance from the University of Strathclyde and a Master’s degree in Investment Fund Management from the University of Glasgow, Scott possesses extensive knowledge in investing. He has authored two theses on mutual funds and the UK market.

    Related Posts

    OpenAI SoftBank Gets $1.5B Investment, Enables Employee Cash-Outs

    November 27, 2024

    Analyst Predicts Bitcoin Price Target of $120K as Key Indicator Turns Bullish

    November 5, 2024

    Crypto Support PAC Raises $78M for 2026 Midterm Push

    November 4, 2024

    Crypto Losses Hit $129M in October Due to Security Incidents: CertiK Report

    November 3, 2024
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Decentralization in Crypto: Understanding the Concept

    September 10, 2024

    Crypto Future Predictions: Speculations About the Future of Cryptocurrencies

    September 9, 2024

    Market Watch: Mega Dice Token’s Potential to Explode After $1.64M Raise

    July 18, 2024

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Your gateway to crypto.

    Facebook X (Twitter) Instagram Pinterest LinkedIn
    Top Insights

    OpenAI SoftBank Gets $1.5B Investment, Enables Employee Cash-Outs

    November 27, 2024

    Analyst Predicts Bitcoin Price Target of $120K as Key Indicator Turns Bullish

    November 5, 2024

    Crypto Support PAC Raises $78M for 2026 Midterm Push

    November 4, 2024
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Type above and press Enter to search. Press Esc to cancel.