Bitdeer unveils new Bitcoin mining machine with 1 quadrillion calculations per second

Bitdeer's US manufacturing site could shift the crypto mining landscape by reducing reliance on overseas hardware and boosting local job creation. The post Bitdeer breaks ground on $36M US manufacturing site to produce 10,000 mining rigs monthly appeared first on Crypto Briefing.

Sphere 3D's strategic pivot towards AI and high-performance computing could mitigate risks from Bitcoin mining's growing competition. The post Sphere 3D partners with Bitdeer for 30MW mining deal across Tennessee and Kentucky appeared first on Crypto Briefing.

Bitdeer's shift to AI and tech infrastructure signals a broader industry trend, potentially altering Bitcoin's market dynamics and supply absorption. The post Bitdeer sells all mined Bitcoin since February, totaling over $205M appeared first on Crypto Briefing.

Tether’s SEC filing shows a 19.7% beneficial ownership stake in Bitdeer after a partial share sale and affiliate transfer.

Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining and AI data center operator’s stock during a February selloff, generating about $12.7 million in proceeds. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]

Tether has reduced its Bitdeer holdings by 627,000 shares after selling stock worth about $12.7 million, while retaining a 19.7% stake in the Bitcoin mining and AI infrastructure company. According to TheEnergyMag, the USDT issuer sold the shares on June…

Bitdeer (NASDAQ: BTDR) has started construction on a vertically integrated energy and computing facility in Alberta, advancing a project that reflects how bitcoin miners are increasingly pairing data centers with dedicated power generation as demand from AI workloads reshapes the market for electricity and digital infrastructure. This article first appeared in The Energy Mag. The […]

The post Bitdeer sells all mined Bitcoin for 14th straight week, holds zero BTC appeared on BitcoinEthereumNews.com. Bitdeer moved ahead to sell all the coins it mined during the week ending May 29. This led the company to maintain its zero-balance treasury policy. It had mined more than 206 BTC during the period and sold all of them. However, the customer deposit has been excluded from this. The biggest crypto is dealing with heavy selling pressure, and Bitdeer added some more to it. Bitcoin price has dipped by 16% since the beginning of the year. The Fear and Greed index is flashing big warnings. The index dipped into the “Fear” category with 33 points.   Bitdeer chooses Cash over Bitcoin Bitdeer’s treasury was last emptied back at the end of February. The Bitcoin mining company started its year with around 2,000 BTC. It drained it all over an 8-week liquidation period. During the last week of the treasury drawdown, Bitdeer sold off an additional 943.1 BTC in reserves over their norm