Last updated on March 11th, 2025 at 09:01 am
Singapore-based Bitcoin mining firm Bitdeer has announced the successful testing of its latest Bitcoin mining chip, SEAL03, following its tape-out.
The SEAL03 chip has met its performance targets outlined in the SEALMINER technology roadmap. During verification and prototype tests, the chip demonstrated an impressive power efficiency ratio of 9.7 J/TH while operating in a low-voltage, ultra-power-saving mode. Bitdeer’s team emphasized that this achievement marks a significant milestone in their ongoing efforts to enhance mining efficiency and sustainability.
Bitdeer is set to integrate the SEAL03 chip into the upcoming SEALMINER A3 series, with mass production expected in the year’s second half. Additionally, the company is advancing its research and development for the SEAL04 chip, highlighting its dedication to ongoing innovation in mining technology.
Bitdeer’s Chief Business Officer, Matt Kong, stated that the SEAL03 chip reached a critical performance milestone following prototype testing. He emphasized that the company’s dedication to research and development drives innovative solutions that set new performance benchmarks, benefiting the broader mining ecosystem.
The SEAL03 chip was developed using an advanced process node in collaboration with Taiwan Semiconductor Manufacturing Company (TSMC), a leading semiconductor supplier known for partnering with tech giants like Nvidia and Apple in the AI sector. TSMC reported a revenue of $16.8 billion for the first two months of 2025, a 34% increase compared to all of 2024. The company continues to show strong growth in the semiconductor industry and plans a $100 billion investment to expand chip manufacturing in the U.S., including new facilities to meet rising demand.
Strengthening its market position, Bitdeer recently made a significant Bitcoin acquisition worth millions. In a post on X on February 28, the Singapore-based firm announced the purchase of 50 BTC at an average price of 81,475. This latest acquisition brings Bitdeer’s total holdings to over 640 BTC, accounting for approximately 0.003% of Bitcoin’s total supply.
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