TechFlow news: Bitdeer, the mining company under Wu Jihan, released its Q1 2023 financial report, showing total revenue of $72.6 million, a 19.7% decrease compared to $90.4 million in the same period of 2022, with a net loss of $9.5 million. Adjusted profit for Q1 2023 was $2.8 million. Total managed computing power reached 18.3 EH/s, with proprietary computing power increasing from 4.1 EH/s as of December 31, 2022, to 5.7 EH/s as of March 31, 2023 (3.9 EH/s for self-mining operations and 1.8 EH/s for cloud computing services), and hosted computing power at 12.6 EH/s. During the first quarter of 2023, the self-mining business mined 552 bitcoins.
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