Bitdeer Ramps up Realized Bitcoin Hashrate by 67% with SEALMINERS
Bitdeer increased its realized Bitcoin hashrate by 67% in April with the energization of additional hashrate capacity and deployment of its in-house SEALMINER machines.
The Singapore-based mining and infrastructure company mined 166 BTC in April, up from 114 BTC in the previous month, according to its April production update. The production increase implied a boost in realized hashrate from 6.27 EH/s in March to 10.49 EH/s in April.
The hashrate jump comes as Bitdeer brought online 3.7 EH/s worth of SEALMINER A1 rigs and deployed another 0.5 EH/s of SEALMINER A2s to its facilities in Texas and Norway. Another 0.4 EH/s of machines were in transit at the end of April, with more units being prepared for shipment.
Bitdeer said it remains on track to push its self-mining hashrate past 40 EH/s by year-end, with continued deployment of SEALMINER A2s in Norway and Bhutan.
Bitdeer also claimed that it completed multi-unit testing of its SEALMINER A3 in April, with results meeting energy-efficiency expectations, and continues to develop its next-generation SEALMINER A4 chip, targeting a chip-level efficiency of around 5 J/TH.
As previously reported, Bitdeer entered into a new financing agreement last month with its sister company, Matrixport Group, to secure a loan facility of up to $200 million as part of its effort to scale up SEALMINER production. The facility carries a floating interest rate of 9% plus a market-based benchmark and is backed by SEALMINER rigs.
Meanwhile, construction at Bitdeer’s 570 MW Clarington, Ohio site has been paused as the firm advances discussions around high-performance computing and AI hosting opportunities. The move highlights a growing trend among Bitcoin miners to explore infrastructure repurposing amid tightening mining margins and rising demand for AI workloads.
