Bitdeer Mining Insights

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Trump family-backed American Bitcoin (ABTC) announced the purchase of 11,298 ASIC miners on Tuesday, bucking the industry trend of pivoting toward AI infrastructure. The expansion adds 3.05 EH/s of capacity, bringing ABTC’s total fleet to 28.1 EH/s. Scheduled for deployment in March 2026 at its Canadian site, the new hardware is expected to produce roughly 515 BTC annually. Eric Trump, Co-founder and CSO, emphasized the strategic goal of growing American-owned hashrate to protect the network and drive domestic innovation.

Riot Platforms reported record annual revenue of $647.4M for 2025, a 72% increase year-over-year. The growth was primarily driven by a surge in mining revenue to $576.3M, as production rose to 5,686 BTC. While mining costs per Bitcoin climbed to $49,645 due to rising network difficulty, Riot successfully mitigated expenses through a 68% increase in power credits. Amid a challenging year for many miners, Riot’s diversified engineering and operational scale yielded industry-leading results.

A solo Bitcoin miner achieved a rare "lottery" win by validating block 938,092 using rented hashrate. Operating through CKPool, the miner spent approximately $75 (119,000 satoshis) to rent 1 PH/s of computing power, successfully securing the 3.125 BTC block reward. Valued at over $200,000 at current prices, this stroke of luck highlights the potential of independent mining even in an era of massive institutional dominance.

In its latest report, Bitdeer announced a strategic liquidation of its Bitcoin reserves to bolster capital for upcoming infrastructure expansions. The firm sold its periodic production alongside existing holdings to prioritize "speed to market" for several potential land and power acquisitions. CCO Ross Gann clarified that the move is a tactical liquidity decision, ensuring Bitdeer remains agile in securing high-value powered sites while continuing to aggressively scale its core mining hash rate for long-term growth.

Activist investor Starboard Value sent a letter to Riot Platforms on Wednesday, urging the Bitcoin miner to accelerate its pivot into AI and HPC data centers. Starboard, holding 12.7 million shares, estimates that monetizing Riot’s 1.4 GW capacity in Texas could generate between $9 billion and $21 billion in equity value. Stressing that "time is of the essence," the shareholder pushed executives to secure Tier-3 data center tenants and capitalize on the infrastructure boom seen in late 2025.