Bitdeer, a Bitcoin mining company, is expanding its operations in self-mining and U.S.-based production amid global trade tensions. The company is shifting its focus to mining Bitcoin directly due to decreased demand for its mining hardware from other miners. Bitdeer’s head of capital markets, Jeff LaBerge, emphasized the importance of prioritizing self-mining and plans to boost U.S. hardware manufacturing later this year. This decision aligns with President Trump’s initiatives to encourage domestic production. As the cryptocurrency Market faces challenges, including Bitcoin’s recent halving and declining miner profitability, Bitdeer’s strategy aims to navigate these turbulent times effectively.
Bitcoin Miner Bitdeer Expands Operations Amid Trade Tensions
Bitcoin miner Bitdeer is expanding its self-mining operations as global trade tensions put pressure on cryptocurrency markets and supply chains. The company recognizes the shifting landscape and is now focusing on mining Bitcoin (BTC) directly, as it faces decreased demand for its mining hardware from external miners.
According to reports, Jeff LaBerge, Bitdeer’s head of capital markets and strategic initiatives, stated, “Our plan going forward is to prioritize our own self-mining.” This strategic pivot comes as Bitdeer plans to scale its hardware production in the U.S. during the second half of the year. This move aligns with the current U.S. administration’s push to support domestic manufacturing while imposing plans for tariffs on foreign imports.
Looming tariffs are particularly concerning for Bitcoin miners, given that the hardware used in mining often relies on intricate global supply chains. These supply constraints could pose challenges for operations that depend on international components. LaBerge emphasized the importance of local manufacturing, saying, “We want to bring jobs and manufacturing back to America.”
Bitdeer’s decision to focus on self-mining is also a response to sector-wide challenges. In 2025, many Bitcoin miners, including Bitdeer, have struggled due to volatile cryptocurrency prices and the recent reduction in Bitcoin mining rewards, following the April 2024 halving event. This halving cut rewards from 6.25 BTC to 3.125 BTC per block, severely affecting mining revenues. As a result, Bitdeer’s stock saw a significant drop, reflecting the tough Market conditions.
The upcoming IPO from American Bitcoin—a cryptocurrency mining operation backed by former President Donald Trump—adds another layer of complexity to the current landscape as the industry continues to navigate these tumultuous waters.
In conclusion, as Bitdeer adapts to the challenging Market conditions, its focus on self-mining and U.S.-based manufacturing could position it favorably in the changing cryptocurrency environment.
Keywords: Bitdeer, Bitcoin mining, cryptocurrency, self-mining operations, U.S. manufacturing.
Secondary keywords: trade tensions, mining hardware, Market challenges.
What is Bitdeer doing with Bitcoin mining?
Bitdeer is now focusing on self-mining Bitcoin. This means they are investing in machines and resources to create Bitcoin directly rather than just offering mining services to others.
Why did Bitdeer decide to self-mine?
Bitdeer aims to take advantage of the current Bitcoin Market by generating Bitcoin themselves. This can potentially lead to higher profits and greater control over their operations.
How will this change affect their US operations?
Bitdeer plans to expand its mining activities in the United States. This move comes amid challenges like tariffs that affect the crypto industry, making it essential for them to adapt.
What challenges does Bitdeer face with tariffs?
Tariffs can increase costs for Bitdeer, especially on equipment and energy. These added expenses might affect their profit margins and operations, pushing them to find efficient solutions.
Is self-mining good for the Bitcoin community?
Self-mining can potentially increase Bitcoin’s network security, as more miners mean a stronger network. It can also influence Bitcoin’s value positively by reducing the supply if more firms decide to hold mined Bitcoin instead of selling it immediately.