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Listen "Bitdeer Q3 Recap: AI Plans, the Future of BTDR’s Bhutan Mining, and SEALMINER A4 Update w/ Harit Basit"
Episode Synopsis
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Welcome back to The Mining Pod! Today, Haris Basit, CSO at Bitdeer, joins us to break down their Q3 results, where revenue hit $169.7M (up 173% YoY), self-mining production doubled to 1,109 BTC, and they achieved 41.2 EH/s of self-mining capacity. We dive deep into Bitdeer’s AI and HPC expansion strategy across sites in Norway, Tennessee, Washington, and Ohio, discuss the SEALMINER A3’s production schedule and A4 chip development delays, and get updates on the Massillon facility fire recovery.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
**Notes:**
• Revenue up 173% YoY to $169.7M
• Self-mining doubled: 565 to 1,109 BTC
• Hash rate reached 41.2 exahash in October
• Adjusted EBITDA: $43M vs -$7.9M last year
• SEALMINER delays
• AI expansion: planned across 4 sites
Timestamps:
00:00 Start
03:32 Overview of report
05:43 Colocation vs self mining vs neoloud
09:30 Why do both colocation & neocloud?
10:42 Facility fire
12:13 Bhutan
15:01 Convertible notes
16:43 Future financing options
18:54 Cloud mining profitability
19:57 Choosing where to locate services
22:11 Alberta
24:03 Ethiopia
25:20 ASIC production
28:35 A4 delays
31:39 What's coming?
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Welcome back to The Mining Pod! Today, Haris Basit, CSO at Bitdeer, joins us to break down their Q3 results, where revenue hit $169.7M (up 173% YoY), self-mining production doubled to 1,109 BTC, and they achieved 41.2 EH/s of self-mining capacity. We dive deep into Bitdeer’s AI and HPC expansion strategy across sites in Norway, Tennessee, Washington, and Ohio, discuss the SEALMINER A3’s production schedule and A4 chip development delays, and get updates on the Massillon facility fire recovery.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
**Notes:**
• Revenue up 173% YoY to $169.7M
• Self-mining doubled: 565 to 1,109 BTC
• Hash rate reached 41.2 exahash in October
• Adjusted EBITDA: $43M vs -$7.9M last year
• SEALMINER delays
• AI expansion: planned across 4 sites
Timestamps:
00:00 Start
03:32 Overview of report
05:43 Colocation vs self mining vs neoloud
09:30 Why do both colocation & neocloud?
10:42 Facility fire
12:13 Bhutan
15:01 Convertible notes
16:43 Future financing options
18:54 Cloud mining profitability
19:57 Choosing where to locate services
22:11 Alberta
24:03 Ethiopia
25:20 ASIC production
28:35 A4 delays
31:39 What's coming?
👉CleanSpark, America's Bitcoin Miner!
CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship. Optimally monetizing low-cost, high reliability electricity positions them to prosper in an ever-changing world.
👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation
FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute.
👉 Luxor, Leaders In Bitcoin Mining and Compute Power!
Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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