Jihan Wu | ForkLog

ForkLog 18 23.04.2025

Matrixport Extends $200 Million Credit to Bitdeer

In April, the crypto-financial firm Matrix Finance (trading as Matrixport) opened a $200 million credit line for bitcoin miner Bitdeer. Both companies were founded by former Bitmain CEO Jihan Wu. According to the annual report, the loan carries a floating rate of 9% plus market reference interest. Payments are made monthly, with a loan term […]

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ForkLog 23 17.03.2025

Bitdeer Unveils New Miners with Efficiency Up to 14.9 J/TH

Jihan Wu’s company, Bitdeer, has announced the launch of its new SEALMINER A2 Pro series mining rigs, boasting an energy efficiency ratio of up to 14.9 J/TH. Introducing the @SealMiner A2 Pro! As an upgraded series of A2 models, the A2 Pro is optimized with enhanced chips and an improved power supply, achieving 14.9J/TH power […]

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ForkLog 8 13.03.2025

Bitdeer Expands Bitcoin Reserves by 43% in a Month

By the end of February, the cryptocurrency reserves of the public mining company Bitdeer reached 1039 BTC, up from 724 BTC the previous month. This represents a growth of approximately 43%, according to a press release. During the reporting period, Bitdeer mined 110 BTC independently with its own hash rate of 9 EH/s. The total […]

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ForkLog 74 10.03.2025

Bitdeer Reports 9.7 J/TH Efficiency in New Mining Chip Tests

Jihan Wu’s Bitdeer has announced the successful testing of its new bitcoin mining chip, SEAL03, which demonstrated an energy efficiency of 9.7 J/TH. ?Just In! Bitdeer nails it again with its latest #SEAL03 Bitcoin mining ASIC, logging an exceptional power efficiency ratio of 9.7 J/TH – surpassing market performance benchmarks! This beast will power our […]

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ForkLog 12 07.06.2024

Riot Expands Stake in Rival as Core Scientific Rejects $1 Billion Acquisition

Analysts anticipated a wave of consolidations in the mining industry following the halving. Recent activities by major players in the sector have confirmed these forecasts. Core Scientific Rejects $1 Billion Offer from CoreWeave Mining firm Core Scientific rejected a non-binding proposal from AI company CoreWeave to acquire all outstanding shares at $5.75 each, totaling approximately […]

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ForkLog 47 31.05.2024

Tether Invests $100 Million in Bitdeer

Tether has invested $100 million in Jihan Wu’s bitcoin mining company, Bitdeer, in the form of equity capital. The deal includes a warrant for an additional 5,000,000 shares valued at $50 million. We are thrilled to announce that Tether International Limited has made a private placement financing of up to US$150 million in Bitdeer. This […]

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ForkLog 12 04.03.2024

Bitdeer Develops 4nm Chip for Bitcoin Mining

Founded by Jihan Wu, Bitdeer has successfully tested its proprietary Bitcoin mining chip, SEAL01, which will be used in its upcoming device, the Sealminer A1. Bitdeer has Tested Its 4nm Bitcoin Mining Chip SEAL01 Bitdeer has successfully designed a Bitcoin mining chip, the SEAL01. As a world-leading technology company for blockchain and high-performance computing, Bitdeer […]

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ForkLog 19 08.08.2023

Bitdeer builds Bitcoin mining center in Bhutan, led by Jihan Wu

Bitdeer completed the construction of the Gedu Bitcoin mining facility in Bhutan in July, according to the press release.

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ForkLog 12 28.07.2023

Media reports Bitdeer launches fund to back Bitcoin mining in Bhutan

Bitdeer has begun raising funds for the Green Bitcoin Fund, focused on investments in Bhutan's mining industry, according to reporter Colin Wu.

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ForkLog 12 16.06.2023

Bitdeer: Jihan Wu mined 283 BTC in May

In May 2023, the Bitdeer mining services provider mined 283 BTC. The company's hash rate remained at 18 EH/s, according to a press release.

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ForkLog 7 03.05.2023

Bhutan and Bitdeer founder Jihan Wu to earmark $500 million for Bitcoin mining

Druk Holding & Investments (DHI), established by the Bhutanese authorities, and Bitdeer, a mining-services provider, will create a $500 million fund to organise cryptocurrency mining in the kingdom.

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ForkLog 10 14.04.2023

Bitdeer’s Jihan Wu Takes Bitdeer to Nasdaq via SPAC Deal

The Bitdeer mining-services provider became a public company through a SPAC reverse merger.

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