Bitdeer Technologies Group

Bitdeer has completed the construction of its 100MW cryptocurrency mining data center in Gedu, Bhutan. This facility is powered by hydroelectric energy, aligning with Bitdeer's commitment to sustainable mining. It currently hosts 11,000 mining machines, with plans to expand to 30,000 as additional equipment arrives.

The Bhutan data center was developed in partnership with Bhutan's investment arm, following a $500 million fundraising effort. It marks Bitdeer's first data center in Asia, complementing its existing operations in the United States and Norway. The company aims to increase its total capacity to 1.524GW, though a timeline for this expansion has not been specified.

This facility plays a crucial role in Bitdeer's self-mining, hash rate sharing, and hosting services. In July 2023, Bitdeer mined 220 Bitcoins, reflecting a 41% year-over-year increase. The company continues to scale its operations while optimizing energy use, including efforts to stabilize Texas' power grid during extreme heat conditions.

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