Catenaa, Thursday, March 20, 2025 – Bitcoin mining firm Bitdeer has successfully completed testing of its latest mining chip, SEAL03, setting a new industry benchmark for energy efficiency, the company announced last week.
SEAL03 achieved a power efficiency ratio of 9.7 joules per terahash (J/TH) in ultra power-saving mode, outperforming market standards, according to Bitdeer. The chip is set to power the upcoming SEALMINER A3 series, with mass production scheduled for the second half of 2025.
Bitdeer’s research and development team is already working on the next-generation SEAL04 chip, signaling continued innovation in mining hardware. The SEAL03 chip was developed in collaboration with Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s leading chipmakers, which recently announced a $100 billion investment in U.S. chip manufacturing.
Bitdeer’s Chief Business Officer Matt Kong emphasized the milestone’s significance, stating that the company’s technological advancements are shaping the future of Bitcoin mining.
The mining sector has seen increased investment, with major U.S.-listed firms pouring nearly $5 billion into mining infrastructure in 2024, a fourfold increase from the previous year. According to Miner Weekly, companies including Bitdeer, Riot, and Marathon Digital spent over $3 billion on mining hardware alone.
Despite recent market volatility, Bitdeer remains bullish on Bitcoin. In February, the company purchased 50 BTC for $4 million, bringing its total holdings to over 640 BTC.
