Skip to main content
727 Finance
English

Bitdeer mined 1,355 BTC in September, AI cloud business expected contracted revenue rises to approximately $2.9 billion

PANews October 20 news: According to Bitdeer's September operational update submitted to the U.S. SEC, the company mined 1,355 bitcoins that month, a year-on-year increase of 200%, with proprietary mining hash rate reaching 82.3 EH/s. As of the end of September, its AI cloud business had an expected contracted revenue backlog of approximately $2.9 billion, higher than $900 million at the end of August. Among this, more than 70% of the capacity of its Malaysia A201 data center has secured customer purchase commitments, and it is expected to generate more than $1.7 billion in revenue over the next five years. The above AI business amounts are expected revenue under contracts, not realized revenue.

Related news

  1. Musk: The operating cost of Grok Bot is unsustainably high relative to its revenue.

    PANews, November 2 news: In response to a user's question on the X platform about the rapid depletion of Grok Bot usage quotas, Musk stated that the operating c...

  2. China Merchants Bank and several other institutions have launched wallet transaction statement printing services within the digital renminbi App.

  3. The founder of POAP may have subscribed to 100,000 ETH during the 2015 ICO.

  4. UBTECH releases Thinker-Sim embodied intelligence simulation platform.

  5. The application period for virtual asset service provider licenses in Brazil has ended, with only about 40 companies submitting applications.