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Bitdeer Sells 265.5 Bitcoin as Weekly Mining Output Declines

The company recorded zero net additions and listed no holdings after excluding customer deposits.

Updated 1 min read
An anonymous worker inspects rows of bitcoin mining machines inside a facility in Rockdale, Texas. / EconoTimes.ai
An anonymous worker inspects rows of bitcoin mining machines inside a facility in Rockdale, Texas. / EconoTimes.ai

Bitdeer reported mining 265.5 Bitcoin (BTC) through Oct. 30 and sold an equal amount, a lower output total than the previous week, with no net additions to its reported balance.

The update listed Bitdeer’s holdings at zero after excluding customer deposits. It also showed no net increase in holdings for the period.

The preceding weekly figures put production and sales at 283.4 BTC through Oct. 23, as detailed in EconoTimes’ coverage of the previous weekly update. For the period through Oct. 16, Bitdeer reported 294.2 BTC produced and sold. A separate tally for the period ending Oct. 2 showed 292.3 BTC mined and an equal amount sold, with no net additions.

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