Bitdeer has announced plans to convert 100 MW of capacity at its Rockdale, Texas facility to hydro-cooling. The project is expected to be completed between December 2024 and February 2025.
Bitdeer's hydro-cooling plans
Bitdeer announced upcoming changes to the infrastructure of its Rockdale, Texas facility. The new project aims to convert 100 MW of capacity to hydro-cooling. This change will significantly reduce energy costs and improve the efficiency of mining rigs.
Advantages of hydro-cooling
Using hydro-cooling for mining rigs has many advantages. Firstly, it significantly reduces energy consumption costs. Secondly, it increases the efficiency of the equipment, especially in the context of low profitability of Bitcoin mining. Bitdeer hopes these changes will enhance its market position.
Future of the company and new models
In addition to converting capacity to hydro-cooling, Bitdeer plans to complete mass production of the new SEALMINER A1 model by the end of 2024. This will add 3.4 EH/s to their computing power. These steps are part of the company's broader plans to upgrade its equipment following the recent Bitcoin halving, which significantly reduced mining profitability.
Bitdeer's plans to switch to hydro-cooling and introduce new equipment show the company's commitment to increasing efficiency and reducing Bitcoin mining costs. These initiatives could significantly strengthen the company's market position amid low profitability.
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