The technology company Bitdeer, led by Jihan Wu, presented its new SEALMINER DL1 Air mining equipment, created specifically for the Scrypt algorithm. Following the announcement of the launch, an 8% rally in the company’s shares (BTDR) was reported, ending as one of the best-performing crypto stocks of the day. The new hardware marks the firm’s expansion beyond Bitcoin, optimizing efficiency for networks such as Dogecoin and Litecoin.
This launch is vital for the market, as it allows for “merged mining,” a process where miners obtain rewards in DOGE and LTC simultaneously without additional operating costs. In a context where Bitcoin mining difficulty remains at all-time highs, Bitdeer is diversifying its revenue stream toward altcoins and strengthening its proprietary hardware (ASIC) division, reducing its dependence on external providers while expanding its infrastructure toward AI and high-performance computing.
In summary, the arrival of the SEALMINER DL1 Air reinforces Bitdeer’s competitiveness in the proof-of-work (PoW) asset ecosystem and consolidates its transition from cloud services to an elite hardware manufacturer.
Source:https://n9.cl/nlqio
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