Bitdeer Lands $50M Tether Lifeline as Bitcoin Mining Power Surges to 27.4 EH/s
Bitdeer just got a $50 million vote of confidence—courtesy of Tether''s deep pockets—as the bitcoin mining arms race hits new highs.
Global hashrate smashes records while traditional finance scrambles to keep up.
Mining giants flex as institutional money floods in—because nothing says ''hedge against inflation'' like betting millions on machines that turn electricity into digital gold.
Meanwhile, Wall Street still can''t decide if crypto is a scam or the future. Spoiler: It''s both.
TLDR
- Bitdeer mined 196 BTC in May, up 18.1%.
- Self-mining hashrate hit 13.6 EH/s with new SEALMINER rigs.
- AI Cloud service launched with 10+ large language models.
- New sites expanded in Norway, Bhutan, U.S., Canada, and Ethiopia.
- SEALMINER A3 testing on track; A4 chip set for Q4 2025.
Bitdeer Technologies reported a sharp rise in mining output and infrastructure expansion during May 2025. 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.
SEALMINER Deployment Pushes Self-Mining to 13.6 EH/s
Bitdeer’s self-mining hashrate increased to 13.6 EH/s after deploying SEALMINER A1 and A2 units across multiple global sites. The company manufactured 9.0 EH/s worth of SEALMINER A2 rigs, while 2.9 EH/s were shipped to customers. Of these, 1.6 EH/s were sold and delivered in May alone.
$BTDR May 2025 Production & Operations Highlights:
💪 Increased self-mining hashrate to 13.6 EH/s with #SEALMINER deployments.
✅ 9 EH/s SEALMINER A2s have been manufactured, with 2.9 EH/s shipped to external customers, including 1.6 EH/s sold and shipped in May.
🔥 SEALMINER… pic.twitter.com/wX66hahd2F
— Bitdeer (@BitdeerOfficial) June 11, 2025
Operations expanded in Texas, Norway, and Bhutan, where several EH/s were energized or are en route for deployment. Bitdeer also maintained 1.9 EH/s of A2 rigs ready for shipment to additional facilities. Self-owned mining machines reached 103,000 units, reflecting a monthly increase of 5,000 units.
Self-mining generated 196 Bitcoins, and total hash rate under management ROSE to 27.4 EH/s from 25.1 EH/s in April. This figure includes hosted and proprietary hash rate segments. The company’s infrastructure scaled accordingly to support this ongoing equipment rollout.
SEALMINER A3 Testing Advances, A4 in Development
Machine-level testing for SEALMINER A3 rigs progressed in May, with results aligning with expected technical benchmarks. Bitdeer confirmed that pre-orders for the A3 series will open in June. The new machines are designed to improve efficiency and throughput under self-mining and client-hosting operations.
Meanwhile, development of the A4 model continues, with chip efficiency projected at 5 J/TH by Q4 2025. This model will feature next-generation architecture to match increased network difficulty and energy demand. The tape-out schedule remains on track, targeting better performance per watt.
These hardware advancements are expected to strengthen 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.
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.
By diversifying into AI, Bitdeer is building a multi-revenue business model beyond cryptocurrency mining. Its 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. Bhutan’s Jigmeling site added 132 MW, while the remaining 368 MW is scheduled for phased energization by Q3. U.S. sites in Ohio also advanced, with Massillon’s 221 MW facility progressing through phased construction.
Bitdeer finalized the acquisition of a fully licensed 101 MW site in Alberta, Canada. This site includes approval for a natural gas plant and 99 MW grid interconnection. The company expects energization by Q4 2026, expanding its North American presence.
In Ethiopia, Bitdeer signed agreements to acquire and develop a 50 MW mining project. The site connects to a substation at 33kV and offers a fixed power rate of $0.036/kWh. Construction will conclude in Q4 2025, supported by a regional EPC partner.
