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Tether Grows Investment in Bitcoin Mining Firm Bitdeer

Tether Grows Investment in Bitcoin Mining Firm Bitdeer

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by Giorgi Kostiuk

3 hours ago


Tether, the stablecoin giant known for USDT, has increased its stake in the bitcoin mining firm Bitdeer. Founded by Jihan Wu, Bitdeer continues to innovate in mining technology.

Tether's Increased Stake in Bitdeer

As per a recent U.S. SEC filing, Tether has boosted its stake in Bitdeer to 21.4% of the company's total shares. This reflects Tether's ongoing interest in investing in bitcoin mining and energy sectors.

Introduction of the SEALMINER A3 Chip

Bitdeer has announced the launch of the SEALMINER A3 chip, which demonstrated a power efficiency of 9.7 J/TH in trials. This chip potentially outperforms previous models in efficiency. The next chip, SEALMINER A4, is expected to achieve even greater efficiency at 5 J/TH.

Launch of the SEALMINER A2 Pro Series

Bitdeer has also introduced the SEALMINER A2 Pro series, featuring air and hydro-cooled models. These machines deliver impressive power efficiency at 14.9 J/TH, contributing to environmentally-friendly mining technology advancements.

Bitdeer's developments in new chip technologies and efficient mining devices demonstrate the company's commitment to stability, innovation, and enhancing efficiency within the mining industry.

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