Crypto Gear Maker Bitdeer Turns Miner to Compete Against Clients

Crypto Gear Maker Bitdeer Turns Miner to Compete Against Clients

For most hardware makers, there aren’t any easy answers to a slowdown in buyer demand. But in the highly esoteric business of Bitcoin mining, upstart manufacturers such as Bitdeer Technologies Group have an ace up their sleeve: they can simply deploy their machines themselves.

Bitdeer Accelerates its Global Growth with a Strategic Bitcoin Mining Expansion - The Cryptocurrency Post

Bitdeer Technologies Group has announced a significant step forward in its Bitcoin mining expansion plan, dramatically increasing its operational hash rate by deploying new equipment at its global facilities. This move, detailed in its latest operations reports, solidifies the firm’s position as a key player in the sector. The primary source for this information is the monthly production updates issued by the company itself. The core of this str…

Bitdeer Ramps Up Bitcoin Self-Mining As Rig Demand Cools - Invest In Crypto News

Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs — highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market. According to an Oct. 9 Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) on its own equipment, effectively competing with the same clien…

Bitdeer quadruples its mining capacity, aims to become one of the top five miners

Bitdeer Technologies Group, the Nasdaq-listed crypto mining firm founded by industry veteran Jihan Wu, is shifting its strategy from hardware supplier to major Bitcoin miner as demand for mining rigs weakens.  In a move that signals both confidence and necessity, the company has quadrupled its proprietary mining capacity over the past year and now aims to rank among the top five global miners by computing power. Bitdeer reacts to slowing demand …