Bitdeer, a company founded by the owner of Bitmain, announced the completion of a large farm with 23,000 ASIC miners in the Bhutanese city of Gedu.
According to founder and CEO Linghui Kong, 11 000 devices are now running on Bitdeer’s new farm, with the rest to be connected at a later date. Once the farm reaches its design capacity, the hash rate of Bitdeer’s equipment in Bhutan will reach 2.5 Eh\s.
Kong said that building the farm in Bhutan was one of the most important tasks for Bitdeer – the farm located in Texas is often idle due to power outages caused by hot weather;
Bitdeer mined 220 bitcoins in July. That’s a 41% increase from last July. The company’s total equipment hash rate reached 7.9 Eh\s, up from 6.2 Eh\s in June.
Earlier, Bitdeer and Druk Holding announced
a $500 million fund for green cryptocurrency mining in the Himalayas.