Articles for tag: ASIC Manufacturing, Bitcoin Mining, Bitdeer, Crypto Financial Services, Cryptocurrency, Hashrate, self-mining

April 22, 2025

Bitdeer Secures $60M Funding to Expand Bitcoin ASIC Production as Hashrate Hits Record Levels

Bitdeer, a Bitcoin mining company, has secured $60 million in loans to enhance its Bitcoin ASIC manufacturing as global mining competition heats up. This funding is part of a larger credit facility of up to $200 million from Matrixport, which Bitdeer’s chairman founded. The company recently bought a gas-fired power project in Alberta and is ...

April 16, 2025

Market News

Crypto

Bitdeer Shifts to Self-Mining Bitcoin Amid Tariff Challenges in the US: Latest Industry Report

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 ...