Bitdeer Ramps Up Bitcoin Production, Expands Global Mining Footprint

Bitcoin miner Bitdeer (BTDR) significantly boosted its self-mining output and global infrastructure in May, underscoring its push toward aggressive expansion and hardware deployment.

The Singapore-headquartered company produced 196 BTC last month, an 18% increase over April, fueled by the ongoing deployment of its proprietary SEALMINER A2 rigs across multiple international sites — including Norway, Bhutan, and the U.S.

Bitdeer’s self-mining hashrate now stands at 13.6 exahashes per second (EH/s), supported by the activation of 3.9 EH/s worth of SEALMINER A1 machines and the continued rollout of A2 units.

The company also delivered 1.6 EH/s of SEALMINER A2 rigs to third-party customers, highlighting strong external demand for its mining hardware.

Infrastructure Expansion

Bitdeer’s infrastructure initiatives are rapidly advancing:

• In Tydal, Norway, 70 megawatts (MW) of a planned 175 MW expansion are already operational, with the remaining capacity expected online by end of June.
• The Jigmeling facility in Bhutan has entered the energization phase, targeting an additional 368 MW to achieve 500 MW total capacity.
• In the U.S., its 221 MW Massillon, Ohio site is progressing toward phased deployment through the second half of 2025.

New frontiers are also being explored. Bitdeer is preparing a 50 MW mining site in Ethiopia in partnership with a local entity and has acquired a fully permitted property in Alberta, Canada, where it will build a natural gas power plant to support upcoming mining operations.

Financial Backing and Outlook

In a sign of confidence, Tether exercised existing warrants last month, investing $50 million in cash in exchange for over 5 million Bitdeer shares.

Looking ahead, Bitdeer reiterated its goal to scale self-mining capacity to 40 EH/s by October, aligning with its long-term vision of becoming a dominant force in the global crypto mining ecosystem.