Markets· ★★★· bullish·

Bitdeer mined 1,310 BTC in August, up 249% year on year

  • August mining output was 1,310 BTC, up 249% year on year
  • Proprietary hashrate reached 79.9 EH/s
  • AI Cloud segment ARR rose to about $86 million from $76 million in July
Why it matters: Rising mining output and hashrate strengthen Bitdeer's position among public miners, while AI Cloud growth diversifies revenue away from bitcoin.
Source: Seeking Alpha Crypto