What's Happening?
Bitdeer Technologies Group has announced significant advancements in its Bitcoin mining operations for September 2025. The company reported a self-mining hashrate increase to 35.0 EH/s, with plans to reach
40 EH/s by the end of October. Bitdeer has commenced mass production of its SEALMINER A3 series, which includes air-cooling and hydro-cooling models. Additionally, Bitdeer is expanding its HPC/AI strategy, with plans to convert its Clarington, Ohio site into an AI data center by Q3 2026. The company aims to operate over 200 MW of IT load dedicated to AI computing by the end of 2026.
Why It's Important?
Bitdeer's expansion in Bitcoin mining and AI data centers highlights the growing demand for computing power in these sectors. The increase in self-mining hashrate and the development of new data centers could enhance Bitdeer's profitability and market position. The conversion of sites into AI data centers reflects a strategic shift to capitalize on the rising demand for AI computing power. This expansion could impact the U.S. technology and energy sectors, as Bitdeer plans to recruit in-house experts and secure procurement agreements for advanced computing systems.
What's Next?
Bitdeer plans to continue deploying SEALMINER rigs and retire older-generation rigs to improve efficiency. The company is targeting substation energization for its Clarington site in the first half of 2027. Bitdeer also plans to convert its Tydal Phase 2 site into an AI data center by Q4 2026. The company is actively recruiting U.S.-based experts and securing resources in Southeast Asia. Bitdeer anticipates full deployment of 1,160 GPUs by year-end and aims to generate an annualized revenue run-rate exceeding $2 billion by the end of 2026.
Beyond the Headlines
Bitdeer's strategic expansion into AI data centers could lead to long-term shifts in the technology sector, as the company positions itself as a major player in AI computing. The conversion of mining sites into AI data centers may reduce environmental impact and align with global trends towards sustainable technology solutions. Bitdeer's focus on proprietary AI data centers and colocation services reflects a broader industry trend towards integrated computing solutions.
