Bitdeer Group

Bitdeer Technologies Group (Nasdaq: BTDR) is a world-leading technology company in the blockchain and high-performance computing industry. Founded by Jihan Wu, an early advocate and pioneer in cryptocurrency who cofounded multiple leading companies serving the blockchain economy. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. The company handles complex processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The company also offers advanced cloud capabilities to customers with high demand for artificial intelligence.
==History==
* Founded in 2020. 
* Commenced trading on Nasdaq on April 14, 2023
==Products and Services==
* IC designs & hardware manufacturing
* Bitcoin mining chip: SEAL series
* Bitcoin mining machine: SEALMINER series
* Mobile Bitcoin mining datacenter: Minerbase
==Mining Datacenter==
Bitdeer offers one-stop mining datacenter management services, including site identification, construction, logistics, and operation. The company's team of experts provides comprehensive support to ensure that mining datacenter run smoothly and efficiently.
==High-Performance Computing==
Bitdeer is among the first Asia-based cloud service providers powered by NVIDIA DGX H100 SuperPOD services designed specifically for AI activities. As a professional AI training platform, it is designed to deliver exceptional performance for business across diverse workloads, providing end-to-end comprehensive AI solutions, from instance, model development, training, and deployment to application garden.
==Cloud Hash Rate==
Bitdeer offers cloud hash rate services, allowing users to mine cryptocurrencies without the need for physical mining hardware. This service provides a flexible and cost-effective way for individuals and businesses to participate in mining.
==Technology and Innovation==
Minerplus, a self-developed integrated intelligent software platform, offers software support to significantly reduce the time needed for daily maintenance and mining machine upgrades, minimizing operations and maintenance personnel needs. 
==Community and Social Responsibility==
Bitdeer has taken various measures to increase the ratio of clean energy in support of the mining datacenter’s operations. The company's research and development team continuously works on improving the efficiency and performance of mining machines and developing new technologies to reduce energy consumption and environmental impact.
In 2021, Bitdeer Group sponsored the University of Wyoming's annual WyoHackathon. Its contribution allowed the University of Wyoming students to engage with cryptocurrency industry experts and leaders across emerging blockchain use cases.
In 2021, the Bitdeer Group donated to Rockdale Volunteer Firefighters. This donation allowed first responders to purchase emergency ventilation equipment.
==Acquisitions==
The company expanded into a physical asset space and spent $40 million ($28.4 million) to buy Le Freeport, a maximum-security vault in Singapore. The vault was originally constructed to resemble the high-security storage vaults in Luxembourg and Geneva. Freeport has also been dubbed Singapore's Fort Knox for fine art and collectibles.
==Awards and Recognition==
* Acknowledged as a leader in Cryptocurrency Mining Software by SourceForge, 2022
* Awarded the Friend of SRC Award (FSRCA) by the Singapore Red Cross, 2022
* Named one of Singapore’s fastest-growing companies in 2024 and is the first blockchain company to receive this recognition for its rapid growth and commitment to the local economy
* Recognized by the Financial Times as High-Growth Companies Asia-Pacific 2024.
==References==
Category:Companies established in 2020
Category:Technology companies
Category:Technology companies of Singapore