According to Wu, Bitdeer released an update for August, with 166 bitcoins mined in August. The mass production of SEALMINER A1 is expected to be completed in the fourth quarter of 2024, and is expected to contribute 3.4 EH/s to the company's proprietary computing power.

The delivery of TSMC's first batch of SEAL02 wafers is still expected to be completed in mid-September 2024. Chip verification and prototype testing will begin immediately after tape-out. If the test is successful, mass production is expected to start at the end of 2024.

The development of the third-generation chip SEAL03 is underway. The Bitdeer AI cloud service, powered by NVIDIA GDX SuperPod equipped with H100 system, has an average utilization rate of nearly 100% this month.