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Bitdeer significantly expands its self-operated mining capacity, aiming to rank among the top five miners globally.
PANews, October 10 news, according to Bloomberg, Nasdaq-listed Bitdeer Technologies Group (比特鹿, founded by Jihan Wu) is turning to self-operated Bitcoin mining amid a slowdown in hardware demand. Its proprietary computing power expanded about fourfold in August compared to the same period last year, and it plans to continue scaling up to become one of the top five miners globally. The company's strategy is to sell mining rigs to customers while simultaneously conducting large-scale self-mining to quickly increase output and compete directly with major clients.