In August, Bitdeer successfully mined 1,310 BTC, marking a significant production increase of 249% year-over-year. The company's own hash rate reached approximately 79.9 EH/s, complemented by an additional 21.6 EH/s from joint mining operations.
The AI division generated around $86 million in revenue for the month, compared to roughly $76 million in July. Bitdeer has entered a non-binding agreement to establish an AI data center in the "City of Awareness" in Gelephu, Bhutan, with a potential capacity of up to 500 MW. Additionally, the company is expanding its operations in Malaysia and has purchased 133 server racks equipped with GB300 graphics processors.