Bitdeer, a Bitcoin mining company, has unveiled the “SEAL04” chip as part of its technology roadmap for the newly released Sealminer rig.
Scheduled for launch in the second quarter of 2025, the SEAL04 chip is anticipated to achieve impressive energy efficiency, reaching as low as 5 joules per terahash (J/TH).
According to a press release, the roadmap is designed to enhance transparency in the mining sector, managing miners’ expectations regarding technological advancements and equipment delivery, while also providing valuable data analytics on machine capabilities, inventory, and purchasing behavior.
Pioneering the way for low-power Bitcoin mining, Bitdeer has revealed that the SEAL04 chip will power the fourth-generation Sealminer machine, which is expected to be mass-produced and delivered beginning in the fourth quarter of 2025. The machine’s power consumption will be optimized to 5.5–6 J/TH, significantly lower than the average of 29 J/TH.
Bitcoin mining has faced challenges related to power consumption, prompting mining companies to focus on reducing energy usage in the process. Following its ban in Kazakhstan, miners have shifted towards greener energy sources in North America or sustainable off-grid locations.
The introduction of a more energy-efficient chip like the SEAL04 could represent a major technological breakthrough in the cryptocurrency mining industry. This chip has the potential to significantly enhance Bitcoin mining performance while reducing power consumption, resulting in lower operational costs and a smaller environmental footprint for miners.
In a previous development, Bitdeer had announced the successful initial testing of the SEAL01 chip in March, a 4-nanometer Bitcoin mining chip with a power efficiency of 18.1 J/TH, utilized in the Sealminer A1 mining rig.
Chips play a vital role in cryptocurrency mining, serving as the hardware components responsible for carrying out the complex computations necessary to validate and secure transactions on the blockchain.
In a related development, Tether recently entered into a subscription agreement with Bitdeer to acquire up to $150 million worth of its shares in a private placement, as officially announced on May 31. Tether CEO Paolo Ardoino praised Bitdeer as one of the most vertically integrated operators in the Bitcoin mining industry, attributing this to its advanced technologies and strong research and development efforts.
In May 2023, Bitdeer Technologies Group partnered with Bhutan’s sovereign investment arm, Druk Holding and Investments (DHI), to establish eco-friendly and carbon-free digital asset mining operations in Bhutan.
Cointelegraph reached out to Bitdeer for further details on the SEAL04 chip but has not yet received a response.
Magazine:
Crypto enthusiasts are already making waves in the 2024 election – and the trend is expected to continue.
Related Posts
Add A Comment