Blog

The bitdeer ramps up bitcoin self-mining as rig demand cools


The Bitdeer Technologies Group (BTDR), a mining and infrastructure company of Bitcoin, has ramping up self-operations amid weakening demand for mining rigs-featuring how some hardware manufacturers are moving techniques to remain competitive in the current Bitcoin Bull market.

According to one October 9 Bloomberg ReportBitdeer speeds its pivot toward bitcoin mining (Btc) on its own equipment, effectively competing with both clients who buy its rigs.

The report noted the latest bitdeer filing that shows a major year-to-year expansion of its mining capacity in August and its intention to become one of the top five Bitcoin miners worldwide.

The Bitdeer appears to be close to that target. The company mined 375 BTC in August, ranked in sixth worldwide Mara holdings (Marginal), Irenz (Iren), Cango (Cang), Cleanspark (CLSK) and Riot platform (Riot), according to industry data.

Large level of Bitcoin Miner output in August. Source: The Miner mag

Industry Publication Miner Mag Mag recently mentioned a broader trend among hardware manufacturers who seek to offset off the resonance of the RIG sales by monitoring their own mining capacity. Both Canaan and Bitdeer are mentioned as examples, with the Bitdeer almost tripling its ownership of the hashrate at 22.5 exahashes per second between December 2024 and July 2025.

“In both cases, the excess inventory that has once sent to customers is now deployed indoors,” Miner Mag write to its weekly newsletter on September 4.

Wolfie Zhao, an analyst at Miner Mag Mag, told Bloomberg that he hopes “big miners to remain careful about expanding the armada for the predictable future.”

Related: Bitcoin outperform mining stocks while investors bet on AI pivots

Bitcoin miners continue to vary even though BTC prices hit new hours high

As Bitcoin continues its record-breaking bull run, recently exceeded $ 126,000Economic mining is increasing, especially following the 2024 halving that cuts the rewards in half.

In response, many mining companies varying their business models, throwing hardware towards new workloads such as artificial intelligence and data center infrastructure. Included in recent examples Hive DigitalIren at Terawulfwhich has expanded to AI hosting or high-performance computing services.

Meanwhile, meanwhile The difficulty in the Bitcoin network -A a measure of how difficult the mine is with new blocks-continuously climbing fresh all-time highs, expanding a long-term racing that tight margins and operating conditions for major miners.

Bitcoin hashrate compared to price. Source: Cryptoquant

With AI Compute Demand Surging and major tech companies that promise the road -billions of dollars in new investments in data center, miners are finding fresh opportunities by repurging or upgrading existing facilities to serve the market.

Number Cointelegraph explainedSome miners have also hired excess capacity to AI companies, creating a more stable income stream during times of crypto price volatility.

https://www.youtube.com/watch?v=3_B-7ctsvhy

Magazine: Bitcoin’s Long-Term Security Budget Budget: The upcoming crisis or FUD?