Key facts:
Bitdeer did not specify the computing power in hashrate or the power consumption in volts.
Comparing with other bitcoin miners, SEAL02 is among the most energy efficient.
The technology and computing company Bitdeer Technologies Group announced on September 26 the successful testing of its latest Bitcoin (BTC) mining chip, SEAL02, on which it worked hand in hand with the semiconductor manufacturer, TSMC.
As reported by Bitdeer, The SEAL02 chip has demonstrated a energy efficiency of 13.5 J/TH (joules by terahash). This means that SEAL02 consumes 13.5 joules of energy to carry out a terahash (1 billion hashes) of calculations.
This measure of energy efficiency (J/TH) is calculated by dividing the consumption (in watts) by the hashrate (in hasheswhich measure computational power). The lower the J/TH rate, the more energy efficient It will be that chip intended for bitcoin or cryptocurrency mining.
Although Bitdeer did not specify whether SEAL02’s 13.5 J/TH efficiency is in a single chip or an entire mining rig (miners often use many chips in a single rig to do their work and reach their efficiency levels), It can be assumed that the rate of 13.5 J/TH refers to a complete ASIC from the Bitdeer company.
In addition, Bitdeer also did not express the hashrate nor the consumption in volts of the SEAL02, but simply highlighted having achieved an energy efficiency of 13.5 J/TH.
Bitdeer begins to compete with the mining giants
To put the efficiency of Bitdeer’s new equipment into perspective, it would be interesting to compare the data from the new SEAL02 mining chip with some of the miners it will compete against.
Among the latest bitcoin mining equipment launched in 2024, for example, we can find the Bitmain Antminer S21 XP Hydro, from September of this year. It has a processing power of 473.00 Th/s (terahashes per second) and consumes 5676 watts, according to data from Whattomine.
Using the aforementioned formula, it can be concluded that this miner is more energy efficient with 12 J/TH, relative to the SEAL02.
Regarding two other mining rigs launched this year, the Bitmain Antminer S21 Hydro and Bitmain Antminer S21 Pro, from April and July, SEAL02 is more energy efficient (13.5 J/TH) compared to both minerswhich have 16 J/TH and 15 J/TH respectively.
Making this same comparison with the Bitmain Antminer S21E XP Hyd 3U, which will go on the market in November 2024 and has a computing power of 860.00 Th/s and a consumption of 11180 volts, It is concluded that it is a little more energy efficient than the SEAL02 (13 J/TH vs. 13.5 J/TH for SEAL02).
In this way, from what we have reviewed, the SEAL02 would be able to position itself among the most energy-efficient bitcoin mining chips launched in 2024.
On the other hand, the launch of the SEAL02 chip was arranged in the energy efficiency objectives established in the company’s technological roadmap. Furthermore, by the end of 2024, according to its roadmapthey will have a 10 J/TH efficient processor and in early 2025, one with 5 J/TH efficiency.
Bitdeer announced that production of the SEAL02 mining chip is scheduled to begin in November 2024, and will be integrated into the upcoming SEALMINER A2 mining machines.
