Bitdeer Mining Insights

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Bitdeer Technologies Group announced its May 2025 production update, reporting a rise in self-mining hashrate to 13.6 EH/s following continued deployment of SEALMINER rigs across Texas, Norway, and Bhutan. Additionally, the company sold and delivered approximately 1.6 EH/s of SEALMINER A2 rigs to external customers. Bitdeer reaffirmed its goal of surpassing 40 EH/s by October and hinted that the SEALMINER A3 Series will be open for pre-order soon.

Bitcoin mining firm American Bitcoin (ABTC), backed by Eric Trump and Donald Trump Jr., has quietly accumulated 215 BTC since its April 1 debut, now valued at over $23 million. In a June 6 SEC filing, ABTC described the reserve as a core strategic asset with an open-ended accumulation strategy aimed at long-term shareholder value.

Tether plans to open-source its Bitcoin Mining OS (MOS) by Q4 2025, aiming to lower entry barriers for new miners. CEO Paolo Ardoino said MOS features a scalable, modular, peer-to-peer IoT architecture and will support existing mining infrastructure. The move is expected to reduce reliance on expensive third-party systems and boost decentralization.

A new report by the Access Blockchain Association of Malaysia warns that rampant electricity theft, unclear regulations, and inconsistent policies could hinder Malaysia’s cryptocurrency mining growth. Despite its strategic advantages, the country faces serious setbacks from illegal miners. National utility Tenaga Nasional Berhad reported RM441.6 million ($104.2M) in losses due to power theft from 2020 to September 2024, mainly caused by unauthorized Bitcoin operations.

Ukrainian cyber police have arrested a 35-year-old man from Poltava, accusing him of hacking an international hosting provider and using its servers for illegal cryptocurrency mining. According to a June 4 statement, the suspect had been targeting server vulnerabilities since 2018, eventually breaching over 5,000 customer accounts. He allegedly installed unauthorized virtual machines and crypto miners, engaging in cryptojacking without the victims’ knowledge.