Bitdeer Technologies Group plans to take advantage of a 90-day suspension of U.S. tariffs to ship mining rigs from Southeast Asia to the United States.
According to Bloomberg, Bitdeer, a Bitcoin (BTC) mining company listed on Nasdaq and founded by crypto mogul Jihan Wu, is experiencing a decline in profitability and a slump in demand for Bitcoin mining hardware.
As a result, the Singapore-based company is pivoting to self-mining rather than selling its machines to other operators. It will also begin U.S.-based manufacturing as a result of Trump’s tariff policies.
“Our plan going forward is to prioritize our own self-mining,” said Jeff LaBerge, Bitdeer’s head of capital markets and strategic initiatives.
The shift comes as Bitcoin’s hash price—a measure of mining profitability—remains near historic lows, following last year’s halving event that reduced block rewards. Meanwhile, U.S. tariffs under President Trump’s trade policy are causing supply chain disruptions for rigs built largely in Asia.
You might also like: Mantra’s token crash exposes liquidity risks, market manipulation
U.S.- based manufacturing
Bitdeer also intends to begin U.S.-based manufacturing in the second half of 2025, aiming to reduce its dependence on overseas production and bring jobs to the U.S.
While chips from Taiwan’s TSMC are currently exempt from tariffs, the company is preparing for possible cost increases.
Some customers have delayed orders for rigs, prompting Bitdeer to reroute inventory to its own facilities in Bhutan and Norway.
The company currently operates about 900 megawatts of mining capacity globally and aims to scale to 2.6 gigawatts by 2026.
It’s also expanding into new markets including Canada and Ethiopia and repurposing its data centers in Texas and Ohio to support artificial intelligence and high-performance computing.
You might also like: Amazon outage ‘textbook example’ of centralized systems risks, experts say
how to buy cheap clomid withou order cheap clomid tablets cost of cheap clomid without insurance where buy clomid clomiphene medication cost generic clomid online can i get clomid without a prescription
Thanks on putting this up. It’s evidently done.
The depth in this ruined is exceptional.
azithromycin 250mg cheap – floxin medication purchase metronidazole generic
where can i buy domperidone – buy sumycin 500mg sale cyclobenzaprine online order
inderal oral – buy generic methotrexate online order methotrexate 5mg for sale
clavulanate drug – https://atbioinfo.com/ buy acillin pill
buy nexium 20mg – nexium to us order esomeprazole 20mg
buy coumadin generic – https://coumamide.com/ buy cheap generic hyzaar
purchase mobic without prescription – https://moboxsin.com/ order generic meloxicam 7.5mg
buy deltasone 10mg for sale – https://apreplson.com/ generic deltasone
erection pills online – https://fastedtotake.com/ sexual dysfunction
order amoxil without prescription – combamoxi.com buy amoxicillin without a prescription
fluconazole 200mg usa – https://gpdifluca.com/ buy diflucan 200mg online cheap
escitalopram 10mg pill – order lexapro 10mg generic lexapro drug
order generic cenforce – on this site cenforce 100mg over the counter
cialis tablet – https://ciltadgn.com/# how to take liquid tadalafil
cialis 5mg best price – this cialis canadian pharmacy
ranitidine for sale online – this purchase ranitidine online
cheap viagra cialis online – https://strongvpls.com/ viagra sale derby
Thanks for putting this up. It’s okay done. https://ursxdol.com/cenforce-100-200-mg-ed/
This is the tolerant of enter I find helpful. https://prohnrg.com/product/lisinopril-5-mg/
I couldn’t hold back commenting. Profoundly written! https://aranitidine.com/fr/en_france_xenical/