Bitcoin miner Bitdeer has announced a 570 MW strategic partnership with the Monroe County Port Authority in Ohio to boost its power capacity, according to a June 28 statement shared with CryptoSlate.
Under this arrangement, Bitdeer will lease the land in the county’s Hannibal Industrial Park in Clarington for 30 years. The site is a former aluminum processing facility with power infrastructure to support large loads.
The miner’s stock rose 5% on the news and was trading at $10.26 as of press time.
Mining growth
The firm stated that the partnership will add 570 MW to its capacity pipeline, raising its global total to 2.5 GWs. This increase will enhance the company’s capacity for Bitcoin mining, High-Performance Computing (HPC), and Artificial Intelligence (AI).
The 570 MW capacity will be delivered in two phases, starting next year. The first phase, delivering 266 MW, is expected in the third quarter of 2025, while the remaining 304 MW is under review for regional transmission planning.
Linghui Kong, Bitdeer’s Chief Business Officer, expressed enthusiasm for the expansion. Kong said:
“The strategic location of the Hannibal Industrial Park, combined with its ready-to-use infrastructure, significantly expands our existing power capacity and supports our growth ambitions in Bitcoin mining and HPC and AI.”
Notably, the move follows Bitdeer’s recent closure of a $150 million private placement financing with Tether. The transaction included $100 million with a possibility of an additional $50 million if the warrant is fully exercised.
Bitdeer’s move comes amid the ongoing miner capitulation, driven by a falling Bitcoin price, declining hash rate, and a meager hash price.
Due to this, several miners have stepped up efforts to diversify their revenue streams by engaging in different activities, including providing infrastructures for artificial intelligence firms and also mining altcoins like Kaspa. Additionally, the challenging environment has led to some miners acquiring rivals.
The post Bitdeer’s stock climbs after revealing 570 MW expansion in Ohio appeared first on CryptoSlate.
where can i get generic clomid price can i order clomiphene without a prescription can i buy cheap clomiphene no prescription how can i get cheap clomiphene tablets can you buy generic clomiphene prices clomiphene reddit buying generic clomid no prescription
The thoroughness in this break down is noteworthy.
With thanks. Loads of erudition!
zithromax 500mg cost – buy flagyl 400mg order metronidazole generic
rybelsus 14 mg usa – rybelsus generic periactin 4mg generic
domperidone cost – motilium online buy cyclobenzaprine generic
inderal 20mg tablet – methotrexate 10mg ca order methotrexate 10mg generic
amoxil without prescription – buy combivent 100mcg online buy combivent 100 mcg for sale
zithromax 500mg sale – buy tinidazole 300mg pills buy bystolic without prescription
purchase amoxiclav online cheap – https://atbioinfo.com/ buy generic ampicillin for sale
order nexium 40mg online cheap – https://anexamate.com/ order esomeprazole 40mg sale
buy generic medex online – blood thinner losartan 50mg uk
mobic 15mg sale – https://moboxsin.com/ buy generic meloxicam for sale
order prednisone 10mg without prescription – apreplson.com cheap deltasone
medicine for impotence – buy ed pills for sale buy ed pills online
order amoxicillin online – amoxicillin tablets cheap amoxicillin tablets
cost fluconazole – https://gpdifluca.com/# buy forcan for sale
cenforce tablet – click cenforce 100mg over the counter
tamsulosin vs. tadalafil – cialis online without prescription cialis 20 mg tablets and prices
buy cialis online free shipping – https://strongtadafl.com/# purchase cialis online cheap
where can i buy zantac – https://aranitidine.com/# zantac 300mg usa
50mg viagra price – strong vpls where can i buy the viagra
More articles like this would remedy the blogosphere richer. https://gnolvade.com/
Thanks towards putting this up. It’s evidently done. amoxicillin us
Thanks recompense sharing. It’s first quality. https://ursxdol.com/sildenafil-50-mg-in/
This is a keynote which is in to my fundamentals… Diverse thanks! Quite where can I lay one’s hands on the contact details in the course of questions? https://prohnrg.com/product/get-allopurinol-pills/
More posts like this would prosper the blogosphere more useful. https://ondactone.com/simvastatin/