Bitdeer Expands Mining Capacity Amid Decreased Machine Demand

2 mins mins

Key Points:

Bitdeer expands mining capacity to secure a top five global rank.
Quadruples mining operations despite slowing machine demand.
Jihan Wu’s leadership drives aggressive capacity goal.

Bitdeer Technologies Group, led by CEO Jihan Wu, has dramatically expanded its mining operations by quadrupling its capacity in August 2025, positioning itself among the top global cryptocurrency miners.

This strategic move directly competes with its customers, highlighting the growing tension in the cryptocurrency mining sector as Bitdeer aims for dominance.

Bitdeer Targets Top Five Mining Status with Expansion

Bitdeer Technologies Group, led by CEO Jihan Wu, significantly expanded its self-operated mining capacity in August 2025, quadrupling its operations compared to the previous year. The company aims to rank among the top five global crypto miners. Bitdeer’s expansion strategy comes amid declining demand for mining machines, indicating a focus on scaling its operations. The company plans to achieve 40 EH/s of self-mining capacity by October 2025.

The mining landscape is witnessing changes due to Bitdeer’s strategic expansion. This move not only reinforces its market position but also affects buyer strategies. Competing with its own clients highlights the company’s pivot towards self-mining.

“Our operational team continues to execute and we are well on our way to achieving our ambitious target of 40 EH/s of self-mining by the end of October 2025… we will continue expanding our SEALMINER fleet into our near-term global power capacity.” —Matt Kong, Chief Business Officer

Industry Impact and Market Dynamics Amid Bitdeer’s Growth

Did you know? The strategic shift by Bitdeer could echo Bitmain’s 2017 tensions with mining clients, when scaling self-operated farms previously disrupted buyer relationships.

As reported by CoinMarketCap, Bitcoin (BTC) is currently priced at $121,832.28, with a market cap of $2.43 trillion, dominating 58.60% of the market. Recent trends show a 0.97% value decrease over 24 hours, though a 9.69% increase over 30 days indicates broader positive sentiment.

bitcoin-daily-chart-3656 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 00:54 UTC on October 10, 2025. *Source: CoinMarketCap*

Insights from the Coincu research team indicate that Bitdeer’s expansive moves could influence future market dynamics. While regulatory feedback remains limited, strategic scaling shows potential to shift financial margins and ownership dynamics in the industry.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.