Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world–leading technology company for blockchain and high–performance computing, today announced the successful testing of its first Bitcoin mining chip, the SEAL01. Powerfully efficient, SEAL01 is designed for integration into Bitdeer’s new SEALMINER A1 mining machines.

The SEAL01 chip is created using an advanced 4–nanometer process technology in partnership with a world–leading semiconductor foundry. Initial tests indicate an exceptional power efficiency of 18.1 J/TH.

Jihan Wu, Founder, Chairman, and Chief Executive Officer of Bitdeer, commented, “With the successful testing of our new mining chip, I am very excited to formally announce the introduction of both the SEAL01 chip and the SEALMINER A1 as core to our new mining machines business. These products showcase our technology excellence and position us well for the future.”

The future of Bitcoin mining demands highly efficient technology, lower operating costs and a reduced environmental footprint for miners. The SEAL01 empowers miners to navigate the evolving Bitcoin mining landscape with a superior solution that provides efficiency and stability while adhering to the principles of sustainable mining.

Bitdeer’s global research and development team with specialization in chip design, firmware and system hardware have been tasked with breaking new ground in performance and efficiency to unlock emerging opportunities that continue to strategically position the Company following the upcoming Bitcoin halving event.

About Bitdeer Technologies Group

Bitdeer is a world–leading technology company for blockchain and high–performance computing. Bitdeer is committed to providing comprehensive computing solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. Investors and others should note that Bitdeer may post information about the Company on its website at https://ir.bitdeer.com/or on its accounts on Twitter, Facebook, LinkedIn or other social media platforms. It is possible that the postings could include information deemed to be material information. Therefore, the Company encourages investors, the media and others interested in the Company to review the information it posts on its website at https://ir.bitdeer.com/ and on its social media accounts. Follow Bitdeer on Twitter at @ BitdeerOfficial and LinkedIn @ Bitdeer Group. Information that Bitdeer may post about the Company on its website and/or on its accounts on Twitter, Facebook, LinkedIn or other social media platforms may contain forward–looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. You should not place undue reliance on forward–looking statements contained on the Company’s website and/or on the Company’s accounts on Twitter, Facebook, LinkedIn or other social media platforms, and the Company undertakes no obligation to publicly update forward–looking statements, whether as a result of new information, future events or otherwise.

Forward–Looking Statements

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward–looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward–looking statements, although not all forward–looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward–looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20–F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward–looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward–looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

Media Inquiries
pr@bitdeer.com

Contacts

Investor Relations
Robin Yang, Partner
ICR, LLC
Email: Bitdeer.ir@icrinc.com
Phone: +1 (212) 537–5825

Public Relations
Brad Burgess, SVP
ICR, LLC
Email: Bitdeer.pr@icrinc.com
Phone: +1 (212) 537–4056


GLOBENEWSWIRE (Distribution ID 9057312)

International Women’s Day, 2024The Misogynistic Minority

By Joseph Chamie
NEW YORK, Mar 4 2024 – A minority of the world‘s population appears to be misogynistic and continues to oppose efforts to achieve gender equality and empower women and girls. The misogynistic minority cannot be permitted to undermine gender equality policies supported by large majorities of the public worldwide.

National surveys across different regions of the world find large majorities of the public supporting gender equality and saying it is very important for women in their country to have the same rights as men.

The majorities supporting gender equality vary from highs of 90 percent or more in countries such as Canada, Sweden and the United Kingdom to lows of approximately 55 percent in Kenya, Russia and South Korea (Figure 1).


Source: Pew Research Center.

Among the misogynistic minority too many consider women as inferior to men, treat them as their personal property, deny them control over their lives and bodies, restrict their political, social and economic rights, and too often ridicule, intimidate and physically abuse them.

The misogynists also generally dismiss the fundamental principles of the equality of men and women enshrined in international documents, treaties, declarations and instruments, such as the Universal Declaration of Human Rights. Misogynists also tend to oppose the gender equality laws and policies that are incorporated in many regional treaties and national instruments.

The current struggle for gender equality follows a lengthy history of oppression of women through men’s use of authority, law, physical force and violence. In many societies around the world, women and girls have been unjustly held back from achieving full equality and enjoying their basic human rights.

In nearly all societies in the past women were under the control of their fathers and husbands and held back from making personal decisions and achieving equality with men.

In general, women had few options or choices for supporting themselves outside of marriage and were wed or forced to marry typically at relatively young ages with the primary aims being to provide sexual relations, bear children and maintain or work in a family household.

It was only until around the beginning of the 20th century did countries begin passing legislation ensuring women the right to vote and stand for election. The first country to permit women to vote was New Zealand in 1893. About a decade later, it was followed by Australia, Finland, Denmark and Iceland.

A couple of decades later, women were granted the right to vote in the United States and the United Kingdom. Approximately a century later, the most recent countries allowing women to participate in elections are Bhutan, Kuwait, Saudi Arabia and the United Arab Emirates.

By around the middle of the 20th century, more than half of all countries had granted women the right to vote, although some initially had restrictions for women of certain backgrounds based on age, education, marital status or race. Today none of the world’s nearly 200 countries bar women from voting because of their sex (Figure 2).


Source: Inter-Parliamentary Union.

Various organizations have compiled rankings and indexes indicating the standing of countries on gender equality and the rights and well-being of women. Among the countries with some of the highest ratings on gender equality and the basic rights of women are Denmark, Finland, Iceland, New Zealand, Norway, the Netherlands, Switzerland and Sweden.

In contrast, some of the countries with the lowest ratings on women’s rights and equality also typically suffer from civil conflict, which undermines efforts aimed at gender equality and the well-being of women. Among those countries are Afghanistan, Chad, Democratic Republic of Congo, Somalia, South Sudan, Sudan, Syria and Yemen.

Particularly noteworthy is the dire situation of gender equality in Afghanistan. It is the only country in the world with bans on female education and employment.

Sociocultural factors, traditional practices and beliefs in Afghanistan have contributed to the country’s dire situation of gender equality in both education and employment. Girls are banned from attending secondary school and women’s employment is all but prohibited with the exceptions being in the areas of health and education.

In addition to differences among countries, significant differences in gender equality and the status of women can also vary within countries. In the United States, for example, some of the states that have attained the highest levels on women’s well-being, health and safety are Connecticut, Maine and Massachusetts, while at the other end of the ranking are Alabama, Arkansas and Louisiana.

Although women make up 50 percent of the world’s population of 8 billion, their representation among governments and participation in politics is considerably less. At all levels of decision-making and policy formulation, especially in the areas of defense and the economy, women are underrepresented.

The education of girls and women is widely recognized to be one of the world’s best investments, providing a basic foundation for a lifetime of learning and advancing and empowering girls and women. Worldwide the rates of school enrollment at the primary, secondary and tertiary levels are getting closer to equal for girls and boys (Figure 3).


Source: Global Gender Gap Report.

About two-thirds of all countries have reached gender parity in primary school enrollment. However, the completion rates in many developing countries are lower for girls than boys. In addition, globally an estimated 129 million girls, 32 million at the primary level and 97 million at the secondary level, are not in school.

At the tertiary educational level, women’s enrolment has increased considerably with female students outnumbering male students. However, female students are heavily enrolled in the arts, social science and humanities rather than undertaking science, technology, engineering and math degrees.

With respect to participation in the formal labor force, a considerable gender gap exists with the rates for men and women being approximately 75 and 50 percent, respectively. However, most of the work done by women outside the formal labor force globally is unpaid.

The level of female participation in the labor force varies considerably across regions. While in most regions more than half of all women aged 15-64 years participate in the labor market, only a quarter or less do so in the regions of South Asia and the Middle East and North Africa.

Women are also more likely to spend double the amount of time than men caregiving, tackling domestic chores and doing housework. Among children aged 5 to 14 years, girls also spend considerably more time than boys on unpaid household chores.

Another major development that has influenced gender equality considerably was the introduction of women’s modern methods of contraception beginning in the 1960s. Those methods, especially oral contraceptive pills, intrauterine devices and implants, permitted women to choose the number, timing and spacing of their births.

That ability in turn reduced the fear of unintended pregnancy, reduced the incidence of abortion and provided women with the control over their reproductive lives similar to those of men. Women’s control over their reproduction also permitted them to pursue higher education, careers, employment, recreation, travel, decide on life styles and participate more fully in society.

Notable progress on the equality of women and men has been made during the recent past. However, the world is not on track to realize Goal 5 of the United Nations Sustainable Development Goals to achieve gender equality and empower all women and girls by 2030.

At the current rate of progress, it is estimated that it will take hundreds of decades to achieve gender equality, in particular closing gaps in legal protection and removing discriminatory laws. Reducing that lengthy time frame will require making investments in policies and programs aimed at accelerating the progress.

In addition to those investments, the basic rights of women need to be protected and enforced. Practices that oppress women need to be removed and the personal decisions and life choices of women recognized and promoted.

Also, importantly, the attitudes, objections and behavior of the world’s misogynist minority cannot be permitted to undermine gender equality policies called for and supported by large majorities of the public worldwide.

Joseph Chamie is a consulting demographer, a former director of the United Nations Population Division and author of numerous publications on population issues, including his recent book, “Population Levels, Trends, and Differentials“.

IPS UN Bureau

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

Excerpt:

The following opinion piece is part of series to mark International Women’s Day, March 8.