Bitdeer Ramps Up BTC Mining as Industry Faces Cooldown

TLDR: Bitdeer shifts from selling rigs to mining its own Bitcoin, increasing internal hashrate to 22.5 EH/s. Weak rig demand pushes hardware makers like Canaan and Bitdeer to deploy surplus equipment in-house. Mining margins tighten after 2024 halving as network difficulty rises despite Bitcoin hitting new highs. Miners diversify into AI and data infrastructure, repurposing [...]

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