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{"id":2420,"date":"2024-11-18T15:13:52","date_gmt":"2024-11-18T15:13:52","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=2420"},"modified":"2024-11-18T15:13:52","modified_gmt":"2024-11-18T15:13:52","slug":"bitdeer-reports-50-million-loss-due-to-bitcoin-halving-increased-rd-costs","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=2420","title":{"rendered":"Bitdeer reports $50 million loss due to Bitcoin halving, increased R&#038;D costs"},"content":{"rendered":"<p>Bitdeer Technologies reported a net loss of $50.1 million in the third quarter of 2024, with revenue declining to $62 million. The company attributed the decrease to the Bitcoin halving, global hash rate, hosting revenue, and R&#038;D expenses. Despite losses, cash and equivalents rose to $291.3 million. Bitdeer launched the second-generation SEALMINER A2 mining machine series and expanded its Cloud HPC and AI business. The total hash rate under management decreased to 17.1 EH\/s. The company is committed to expanding its self-mining hash rate and global infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitdeer Technologies reported a net loss of $50.1 million in the third quarter of 2024, with revenue declining to $62 million. The company attributed the decrease to the Bitcoin halving, global hash rate, hosting revenue, and R&#038;D expenses. Despite losses, cash and equivalents rose to $291.3 million. Bitdeer launched the second-generation SEALMINER A2 mining machine [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/2420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2420"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/2420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/2421"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}