Jeff LaBerge, Bitdeer’s Head of Capital Markets, recently detailed the company’s proprietary ASIC manufacturing, global hydroelectric expansion, and user-friendly cloud mining platform. With nearly 13 exahash (EH) of mining capacity and plans to scale to 40 EH by year-end, Bitdeer solidifies its position among the largest publicly traded Bitcoin miners.
Bitdeer: A Technology-First Mining Innovator
LaBerge emphasized Bitdeer’s distinct identity: “We are a technology company rather than a traditional mining operator.” Beyond utilizing mining rigs, Bitdeer designs and manufactures ASIC chips and rigs—both for internal use and third-party clients. This vertical integration, spearheaded by founder Jihan Wu (a pioneer in Bitcoin mining), enables tight control over production costs and hardware performance.
“Our ASIC manufacturing is very unique, very intricate, and very niche. Very few others can do this well.”
Key Advantages of Bitdeer’s ASIC Design:
- Cost Efficiency: Eliminates reliance on third-party suppliers.
- Performance Optimization: Tailored chips maximize hash rate and energy efficiency.
- Scalability: Supports rapid capacity expansion.
Global Hydroelectric Expansion: Sustainable Mining at Scale
Bitdeer operates a diversified 2.8 GW power portfolio, with 900 MW–1 GW currently online. Its facilities span:
- United States: 700–800 MW
- Norway: 300 MW
- Bhutan: 500 MW hydroelectric facility (100% renewable-powered)
LaBerge noted: “Global expansion ensures we’re not geographically constrained, allowing us to leverage diverse energy markets.” This strategy enhances energy resilience while aligning with ESG (Environmental, Social, and Governance) principles.
👉 Explore Bitdeer’s sustainable mining solutions
Cloud Mining: Accessibility for All Investors
Bitdeer’s cloud mining platform democratizes access to Bitcoin mining:
- No Hardware Hassles: Users mine via Bitdeer’s infrastructure.
- Flexible Plans: Subscriptions range from 1 terahash (TH) to petahash (PH) scales.
- Institutional & Retail Friendly: Simplified onboarding for diverse clients.
“With a few clicks, you can start mining—no need to procure hardware or secure data center space,” LaBerge explained.
FAQs
1. What makes Bitdeer’s ASIC chips unique?
Bitdeer designs its own ASICs, optimizing performance and cost—a rare capability in the mining industry.
2. How does Bitdeer ensure sustainable operations?
The company prioritizes hydroelectric and renewable energy across its global facilities.
3. Who can use Bitdeer’s cloud mining service?
Both retail and institutional investors can subscribe, with plans scaled to any budget.
4. What is Bitdeer’s current mining capacity?
13 EH, expanding to 40 EH by 2025.
👉 Learn how Bitdeer’s tech-driven approach redefines mining
Conclusion
By merging in-house ASIC innovation, global renewable energy access, and accessible cloud mining, Bitdeer emerges as a technology-led leader in the Bitcoin mining sector. Its vertically integrated model offers investors a cost-efficient, scalable, and ESG-compliant pathway to cryptocurrency exposure.
### Keywords:
- Bitcoin Mining
- ASIC Chips
- Hydroelectric Mining
- Cloud Mining
- Bitdeer
- Sustainable Crypto
- Jihan Wu