Bitdeer Smashes Record with 990 BTC Mining Output in June
Bitdeer Technologies has reported its best month of Bitcoin mining yet, generating 990 BTC in June. This is a significant increase from the 921 BTC mined in May, representing a growth of 7.5% month-over-month.
The company's hash rate for self-mining also increased from 70.2 EH/s in May to 73.0 EH/s in June, indicating that Bitdeer has employed more computing power to secure the Bitcoin network.
In comparison to its rival Cipher Digital, Bitdeer's mining power is now over six times greater, despite Cipher reducing its mining operations and shifting focus to high-performance computing centers for artificial intelligence.