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Coin Stories
Haris Basit: Bitdeer Innovating Globally in Bitcoin Mining, Data Technology and Sustainability
Dec 30, 2024
Haris Basit, Chief Strategy Officer at Bitdeer, is a former startup co-founder with a strong background in semiconductors. He dives into Bitdeer's innovative strategies in Bitcoin mining, highlighting their global presence and commitment to sustainability through renewable energy. The discussion also covers partnerships with NVIDIA to enhance AI capabilities and the company's unique chip technology. Haris dispels misconceptions about Bitdeer, emphasizing their impact and future plans in the industry, driven by efficiency and community benefit.
27:38
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Quick takeaways
- Bitdeer's innovative chip technology aims to improve energy efficiency by up to 80% in Bitcoin mining processes.
- The company focuses on sustainability by utilizing renewable energy sources and collaborating with local governments in its mining operations.
Deep dives
Innovation in Chip Technology
Bitdeer is making significant strides in the innovation of chip design specifically for Bitcoin mining through its advanced chip technology development. The company aims to create more efficient ASIC chips, which have the potential to recycle charge, thereby improving energy consumption by up to 80%. This approach not only benefits Bitcoin mining operations but also has broader applications in the field of digital electronics, making it a crucial advancement for the industry. Their commitment to vertical integration allows them to control the entire process from hardware development to power management, setting them apart from competitors.
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