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Bitcoin mining company Bitdeer has unveiled the Seal04 chip for its newly launched Sealminer product. The Seal04 chip, set to be released in the second quarter of 2025, is expected to achieve energy efficiency as low as 5 joules per terahash (j/th). According to a news bulletin, the roadmap aims to increase transparency in mining and manage miners’ expectations regarding technological advancements and equipment delivery.
Significant Steps by Bitdeer
Bitdeer stated that the Seal04 chip will power the fourth-generation Seal Mincher machine, which will be mass-produced and delivered starting from the fourth quarter of 2025. The machine’s power consumption will be optimized to 5.5-6 j/th, averaging below 29. Efforts to ensure the mining process consumes less power have led to power consumption issues with mining companies. After the mining ban in Kazakhstan, miners predominantly moved to greener or more sustainable off-grid areas in North America.
Introducing a more energy-efficient chip could signify a significant technological advancement in the cryptocurrency mining industry. This chip can offer much more advanced Bitcoin mining performance with minimal power consumption, leading to lower operating costs and a smaller environmental footprint for miners.
Noteworthy Details About the Company
In March, Bitdeer announced the successful initial test of SEAL01, a 4-nanometer Bitcoin mining chip with 18.1 J/TH power efficiency. It was used in the Sealminer A1 mining rig. The previous SEAL01 was designed using a semiconductor manufacturer’s 4-nanometer process technology. The company claimed that the chip could achieve a power efficiency rate of 18.1 j/th.
According to an official statement on May 31, Tether made a subscription agreement to purchase up to $150 million worth of shares in a private placement. Tether CEO Paolo Ardoino stated that Bitdeer is becoming one of the most robust vertically integrated operators in the Bitcoin mining industry due to its latest technologies and strong research and development efforts.
In May 2023, Bitdeer Technologies Group and Bhutan’s sovereign investment arm Druk Holding and Investments (DHI) partnered to create environmentally friendly and carbon-free crypto asset mining operations in Bhutan.
