Bitdeer Technologies’ Self-Mined Bitcoin Increased 480% In March

Bitdeer Technologies reported a sharp operational expansion: it produced 661 self-mined Bitcoin in March, a 480% year‑over‑year increase, and scaled mining capacity to about 70 EH/s (a 504% YoY rise), making it the largest miner by compute power. The firm operates 225,000 self‑owned rigs and is scaling to roughly 3 GW of energy capacity while also ramping AI compute activity (AI cloud utilization rose to 94%). The update highlights shifting miner dynamics — Bitdeer surpassing rival MARA (66.4 EH/s) — and may pressure smaller miners amid a still‑elevated but slightly lower global hashrate (855 EH/s). Bitdeer’s stock (BTDR) has gained over the past year, underscoring investor appetite for miners expanding both crypto and AI businesses. Overall, the news is bullish for Bitdeer and suggests increased concentration of Bitcoin mining power, with potential implications for miner profitability and competition.