Bitdeer Raises Self-Mining Hashrate to 41.2 EH/s and Expands Global Operations

Reuters
2025/11/10
Bitdeer Raises Self-Mining Hashrate to 41.2 EH/s and Expands Global Operations

Bitdeer Technologies Group announced its unaudited production and operations update for October 2025. The company reported mining 511 Bitcoins in October, representing an increase of approximately 13% compared to September 2025. Bitdeer's self-mining hashrate reached 41.2 EH/s, surpassing its previously stated target of 40 EH/s. The company continued deploying SEALMINER mining rigs for self-mining and began retiring older third-party rigs. Infrastructure developments included the commencement of energization at the Massillon, Ohio and Oromia Region, Ethiopia sites. In Ethiopia, construction of the 50 MW site was completed, with 40 MW already energized and the remaining 10 MW expected to be energized in December. Additionally, the company is progressing with preparations for its U.S. manufacturing facility and ongoing conversion of a 13 MW AI data center in Wenatchee, Washington, targeted for completion in the fourth quarter of 2026. In its AI cloud business, Bitdeer achieved an annual recurring revenue of US$8 million as of October, driven by continued demand for NVIDIA B200 systems. The company deployed 584 GPUs with an 87% utilization rate and is deploying new NVL72 systems in Malaysia, expected to be operational in early December 2025. Orders for NVIDIA's next-generation GB300 and B300 systems are expected to be delivered in December 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitdeer Technologies Group published the original content used to generate this news brief on November 10, 2025, and is solely responsible for the information contained therein.

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