Bitdeer Technologies' Bitcoin Production Falls in November From Prior Month

MT Newswires Live
05 Dec 2024

Bitdeer Technologies Group (BTDR) said Thursday that it self-mined 150 bitcoins (BTC) in November, down from 174 BTC the previous month.

In November, the company's total hash rate under management increased to 20.7 exahashes per second from the previous month's 18 EH/s, the bitcoin miner said in a statement.

Exahash per second, or EH/s, gauges a Bitcoin network's hashrate, or speed of mining, by considering factors like average block mining times and network difficulty.

As of Nov. 30, the company's hash rate allocation comprised 8.8 EH/s in proprietary mining, 8.2 EH/s in self-mining, 0.2 EH/s in cloud hashrate, 0.4 EH/s in delivered but not hashing, and 11.9 EH/s in hosting services, it said.

In November, the company managed a total of 178,000 mining units, consisting of 86,000 machines owned by the company and 92,000 machines hosted by the company.

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