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Explosive Growth: Bitdeer’s $240M TSMC Chip Deal Targets Massive 40 EH/s Hashrate

BitcoinWorld LogoBitcoinWorld11h ago

Explosive Growth: Bitdeer’s $240M TSMC Chip Deal Targets Massive 40 EH/s Hashrate - BitcoinWorld

Quick Summary:

The Bitcoin mining landscape is heating up, and Bitdeer, a prominent cloud mining firm, is making a bold move to solidify its position.

In a significant stride towards expanding its operational capacity, Bitdeer has dropped a staggering $240 million on cutting-edge Bitcoin mining chips from semiconductor giant TSMC.

These figures paint a picture of a company aggressively investing in its future, prioritizing technological advancement and operational scale to dominate the Bitcoin mining space.

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Explosive Growth: Bitdeer’s $240M TSMC Chip Deal Targets Massive 40 EH/s Hashrate - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 18:42:56 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 779 words

Reading Time: 5 minutes read

Sentences: 56 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26441796

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 74 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Explosive Growth: Bitdeer’s $240M TSMC Chip Deal Targets Massive 40 EH/s Hashrate" has 779 words across 56 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Explosive Growth: Bitdeer’s $240M TSMC Chip Deal Targets Massive 40 EH/s Hashrate" was covered 11 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 74 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #26441796
  • URL: https://beamstart.com/news/explosive-growth-bitdeers-240m-tsmc-17405091209571

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