The chip will improve Bitcoin mining efficiency while reducing prices, power consumption, and environmental impact.
In its technical roadmap for the recently released Sealminer rig, Bitcoin mining firm Bitdeer has highlighted the “SEAL04” chip.
The SEAL04 chip is expected to provide energy efficiency as low as 5 joules per terahash (J/TH) and will be released in the second quarter of 2025.
A press release states that the roadmap’s stated goal is to increase openness in the mining industry by controlling the expectations of miners on technological developments and equipment delivery and by offering data analytics on machine capabilities, inventories, and buying habits.
Using the SEAL04 chip, Bitdeer has promised to mass-produce and ship the fourth-generation Sealminer machine in the fourth quarter of 2025. The optimum power consumption of the machine is 5.5-6 J/TH, which is lower than the average of 29 J/TH.
Since Bitcoin mining caused power consumption difficulties, mining firms have been making more attempts to reduce power usage. Following its outlawry in Kazakhstan, most miners relocated to North American grids that were more environmentally friendly or to sustainable off-grid locations.
The introduction of a microprocessor that uses less power may be a game-changer for the crypto mining sector.
This chip has the potential to significantly improve Bitcoin mining performance while reducing power consumption. As a result, miners should expect cheaper operational costs and a smaller environmental impact.
Bitdeer said in March that its 4-nanometer Bitcoin mining chip SEAL01, which has a power efficiency of 18.1 J/TH, has successfully completed first testing. It was a part of the Sealminer A1 mining apparatus.
The 4-nanometer manufacturing technology of a semiconductor fabricator was used in the creation of the previous SEAL01. The manufacturer said that the chip could reach a power efficiency ratio of 18.1 J/TH.
Cryptocurrency mining relies heavily on chips, which are the physical components that carry out the intricate calculations needed to verify and safeguard blockchain transactions.
Tether and Bitdeer announced on May 31 that they had entered into a subscription agreement for Bitdeer to buy up to $150 million worth of Tether shares in a private placement. This news comes one week after that announcement.
Paolo Ardoino, CEO of Tether, claims that Bitdeer is among the most formidable Bitcoin mining vertical integrations because of its innovative technology and solid R&D practices.
Druk Holding and Investments (DHI), the Bhutanese sovereign investment arm, and Bitdeer Technologies Group collaborated in May 2023 to establish carbon-neutral digital asset mining in Bhutan. Bitdeer has not yet responded to Cointelegraph’s request for comment about the SEAL04 chip.
Also Read: JPMorgan Says U.S. Crypto Regulations Are Against CBDCs and Non-Compliant Stablecoins Like Tether
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