Cryptocurrency News & Live Updates
Synopsis
Bitdeer Technologies Group reported a 39% increase in Bitcoin production for July, totaling 282 BTC, thanks to the deployment of SEALMINER machines that enhanced self-mining capacity by 35%.
In recent developments, Bitdeer Technologies Group has announced a significant boost in its Bitcoin production, reaching 282 BTC in July, a 39% increase from the previous month. This surge is largely due to the introduction of SEALMINER mining machines, which have improved the company’s self-mining capacity by 35%. Additionally, Bitdeer has expanded its power capacity in locations such as Rockdale, Texas, Bhutan, and Norway, now totaling 1257 MW, with further expansions planned. Meanwhile, Pendle has made headlines as its total value locked (TVL) has soared to $9 billion, with $6.4 billion coming from fixed-income bonds. This growth reflects the increasing interest in decentralized finance (DeFi) and the potential of yield-generating assets. As the cryptocurrency landscape evolves, both Bitdeer and Pendle are positioning themselves for future growth, showcasing the dynamic nature of the industry.
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Bitdeer Technologies Sees Surge in Bitcoin Output
Bitdeer Technologies Group reported a 39% increase in Bitcoin production for July, totaling 282 BTC, thanks to the deployment of SEALMINER machines that enhanced self-mining capacity by 35%.
Pendle’s TVL Hits $9 Billion Milestone
Pendle has announced via Twitter that its total value locked (TVL) has surged to $9 billion, with $6.4 billion coming from fixed-income bonds.