Bitdeer

Bitdeer commits $240M to TSMC for SEAL02 chip production aiming at 40 EH/s hashrate with new miners launching in 2025. Meanwhile, Bitcoin faces short-term pressure with risks of dipping amid regulatory wins for DeFi and ongoing market factors. Institutional investments, particularly ETFs, drive Bitcoin’s rally, highlighting a distinct phase before a broader bull market unfolds.

Bitdeer has invested $240 million in TSMC to enhance chip production for SEAL02, aiming for a hash rate of 40 EH/s. Standard Chartered forecasts Bitcoin might reach $100,000 this year and $200,000 by 2025, driven by SEC-approved Bitcoin ETFs.

Bitdeer is making significant strides in the cryptocurrency mining industry with a massive $240 million investment in Taiwan Semiconductor Manufacturing Company (TSMC) aimed at producing SEAL02 chips. This move is expected to bolster their mining performance to a staggering 40 EH/s. The rollout of the SEALMINER A2 is set for 2025, marking a pivotal development in Bitdeer's strategy to optimize mining efficiency.