Jihan Wu's mining company, Bitdeer, announced its unaudited financial results and operational updates for the first quarter of 2023. According to the report, the total revenue of Bit Deer in the first quarter was US$72.6 million, a decrease of 19.7% from the same period in 2022 (US$90.4 million); the net loss was US$9.5 million, compared with a net loss of US$9.6 million in the same period in 2022. Adjusted profit for the first quarter of 2023 was $2.8 million, compared to $25.6 million for the same period in 2022.

As of March 31, the total management computing power of BitDeer was 18.3 EH/s, of which the proprietary computing power was 5.7 EH/s (3.9 EH/s for self-mining business, and 1.8 EH/s for cloud computing business); The computing power is 12.6 EH/s. Self-mining operations mined 552 bitcoins in the first quarter of 2023, compared to 538 bitcoins in the same period in 2022. The total deployment of mining machines is about 196,000 ASIC mining machines, of which 67,000 are used for self-mining business and cloud computing power business, and 129,000 are used for hosting. In the first quarter of 2023, the total electricity consumption of the company's five mining data centers will be approximately 992,700 MWH.