Market Cap: $3.3012T 0.460%
Volume(24h): $163.9614B 28.200%
  • Market Cap: $3.3012T 0.460%
  • Volume(24h): $163.9614B 28.200%
  • Fear & Greed Index:
  • Market Cap: $3.3012T 0.460%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$105398.502299 USD

1.75%

ethereum
ethereum

$2555.207592 USD

3.43%

tether
tether

$1.000429 USD

-0.02%

xrp
xrp

$2.141971 USD

2.09%

bnb
bnb

$651.827388 USD

1.41%

solana
solana

$146.611988 USD

2.90%

usd-coin
usd-coin

$0.999805 USD

-0.01%

dogecoin
dogecoin

$0.177273 USD

3.19%

tron
tron

$0.271470 USD

0.86%

cardano
cardano

$0.634997 USD

1.86%

hyperliquid
hyperliquid

$41.657613 USD

9.72%

sui
sui

$3.026449 USD

2.34%

bitcoin-cash
bitcoin-cash

$444.966315 USD

11.29%

chainlink
chainlink

$13.256001 USD

2.72%

unus-sed-leo
unus-sed-leo

$9.032403 USD

1.94%

Cryptocurrency News Articles

Bitdeer Technologies Reports Sharp Rise in Mining Output and Infrastructure Expansion During May 2025

Jun 12, 2025 at 04:56 am

The company self-mined 196 BTC, marking an 18.1% monthly increase. Besides, it secured $50 million in proceeds from Tether, accelerating growth toward its 40 EH/s hashrate goal by October

Bitdeer Technologies reported a sharp rise in mining output and infrastructure expansion during May 2025. The company self-mined 196 BTC.

This marks an 18.1% monthly increase as the firm deployed more SEALMINER units and secured $50 million in proceeds from Tether. This accelerates growth toward its 40 EH/s hashrate goal by October.

SEALMINER Deployment Pushes Self-Mining to 13.6 EH/s

The company’s self-mining hashrate reached 13.6 EH/s after deploying A1 and A2 units across multiple global sites. Bitdeer manufactured 9.0 EH/s worth of A2 rigs, while 2.9 EH/s were shipped to customers. Of these, 1.6 EH/s were sold and delivered in May alone.

This includes 0.7 EH/s sold to customers in the U.S. and 0.9 EH/s sold to customers in Southeast Asia. The company also reports that 1.9 EH/s of A2 rigs are ready for immediate shipment to additional facilities.

The company’s self-owned mining machines reached 103,000 units, reflecting a monthly increase of 5,000 units. This includes both A1 and A2 models, showcasing Bitdeer’s commitment to expanding its mining fleet.

The company’s self-mining activities generated 196 Bitcoins during the month. This output highlights the company’s efforts to capitalize on the Bitcoin halving and the increasing efficiency of its mining machines and operations.

The company’s total hash rate under management reached 27.4 EH/s in May, up from 25.1 EH/s in April. This figure includes both hosted and proprietary hash rate segments.

The company’s infrastructure scaled accordingly to support this ongoing equipment rollout. It also includes the company’s activities in diversifying its revenue streams and exploring new technologies.

SEALMINER A3 Testing Advances, A4 in Development

On the hardware front, Bitdeer says machine-level testing for A3 rigs commenced last month, with results meeting expected technical benchmarks.

This testing is crucial for optimizing the A3’s performance and ensuring it meets the company’s stated goal of 4.8 J/TH in power consumption. The company previously stated that the A3 will feature an architecture focused on high throughput and low latency for efficient blockchain processing.

Bitdeer confirmed that pre-orders for the A3 series will open in June as the company prepares to transition from selling A2 models to A3 units. The new machines are designed to improve efficiency and throughput under both self-mining and client-hosting operations.

This move will be key to maintaining Bitdeer’s competitiveness and operational margins. Enhanced efficiency supports longer profitability cycles and resilience to market fluctuations. This strategy also complements Bitdeer’s increasing shift into high-performance computing sectors.

This includes developing its own large language models and offering AI cloud services to enterprise clients.

AI Cloud Services Expand as Bitdeer Targets HPC Infrastructure

Bitdeer officially launched its AI Cloud service, integrating over 10 large language models including LLaMA, Qwen, and DeepSeek. This move marks a shift toward high-performance computing, expanding the company’s reach beyond Bitcoin mining. The infrastructure now supports inference-heavy applications for enterprise customers.

The firm confirmed active discussions with partners regarding U.S.-based AI deployment sites. Fox Creek, Alberta and Clarington, Ohio remain strategic assets for both mining and HPC transitions. These discussions could influence construction timelines for paused or pending Bitcoin mining projects.

The company previously announced plans to build a 250 MW data center in Fox Creek, but this project has been paused due to market conditions and a focus on scaling existing sites. In total, Bitdeer has secured about 1 GW of renewable energy capacity in North America for cryptocurrency mining.

This includes secured and permitted sites in Alberta, Montana, Ohio, and Texas. The company’s existing operations are focused on Canada and the U.S., while it is also developing a 50 MW site in Ethiopia.

The company’s HPC efforts show scalability, especially at sites with excess energy and grid connectivity. This aligns with Bitdeer’s goal of long-term infrastructure sustainability.

New Sites and Infrastructure Energized Across Four Countries

The Tydal site in Norway reached 70 MW energized capacity, with full 175 MW expected online by June 2025. This site is crucial for Bitdeer’s expansion in Europe and its efforts to diversify out of China.

Bhutan’s Jigmeling site had 132 MW energized, and the remaining 368 MW is scheduled for phased energization by Q3 2025. The site is located in close

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 14, 2025