Bitdeer mined 990 bitcoins in June, with its AI Cloud achieving an annualized revenue run rate of $76 million
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Odaily reported that Bitcoin mining company Bitdeer Technologies Group mined 990 BTC in June, a 7.5% increase from May's 921 BTC and a 388% increase compared to the 203 BTC mined in the same period last year. As of the end of June, its self-operated mining hashrate reached 73 EH/s, up from 70.2 EH/s in May and 16.5 EH/s in the same period last year.
In June, Bitdeer increased the number of self-operated mining machines by 12 thousand, reaching 243 thousand units, and operated 56 thousand of its own mining machines via joint mining arrangements in third-party data centers. The related hashrate rose 59% month-on-month to 15.9 EH/s. As of the end of June, the company held 150 BTC, which is lower than the 171 BTC it held at the end of May.
Bitdeer stated that its AI Cloud annualized revenue run rate increased from $69 million in May to approximately $76 million, GPU utilization rose from 90% to 95%, and the number of externally subscribed GPUs rose from 3,305 to 3,517. This run rate is calculated by annualizing the daily income from contract GPU orders that were still active at the end of the month and does not count as confirmed annual revenue or revenue forecasts.
Bitdeer has completed a customer delivery for a five-year GPU cloud contract, with deployments including two NVIDIA GB300 NVL72 clusters. The company has also signed a ten-year lease for a data center in Johor Bahru, Malaysia, providing a 21.7 megawatt IT capacity, scheduled for delivery in the first quarter of 2027 and supporting 128 NVIDIA GB300 NVL72 systems.
In June, Bitdeer increased the number of self-operated mining machines by 12 thousand, reaching 243 thousand units, and operated 56 thousand of its own mining machines via joint mining arrangements in third-party data centers. The related hashrate rose 59% month-on-month to 15.9 EH/s. As of the end of June, the company held 150 BTC, which is lower than the 171 BTC it held at the end of May.
Bitdeer stated that its AI Cloud annualized revenue run rate increased from $69 million in May to approximately $76 million, GPU utilization rose from 90% to 95%, and the number of externally subscribed GPUs rose from 3,305 to 3,517. This run rate is calculated by annualizing the daily income from contract GPU orders that were still active at the end of the month and does not count as confirmed annual revenue or revenue forecasts.
Bitdeer has completed a customer delivery for a five-year GPU cloud contract, with deployments including two NVIDIA GB300 NVL72 clusters. The company has also signed a ten-year lease for a data center in Johor Bahru, Malaysia, providing a 21.7 megawatt IT capacity, scheduled for delivery in the first quarter of 2027 and supporting 128 NVIDIA GB300 NVL72 systems.
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