Bitdeer Mining Insights

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BTCS will distribute $0.40 per share in ETH dividends, including a $0.05 "Bividend" and $0.35 loyalty payment, to discourage short-selling and reward long-term holders. The first public company to issue ETH dividends saw its shares rise 10.4%. Loyalty payments require holding until Jan 2026 and exclude insiders.

Google became TeraWulf's largest shareholder (14%) by providing a $3.2B financial backstop for its 10-year colocation lease with Fluidstack, receiving warrants for 73M shares. TeraWulf's CSO called it "powerful validation" from a tech giant, signaling deepened involvement in Bitcoin mining.

Bitdeer's July update shows 35% self-mining hashrate growth to 22.3 EH/s via SEALMINER deployment, on track for 40 EH/s by October. SEALMINER A3 passed validation for mass production, while R&D begins on next-gen SEAL04 chips (targeting 5J/TH). Global capacity expanded by 259MW to 1,257MW, with new Norway/Bhutan sites energized and Texas hydro-cooling farm operational.

Soluna will host relocated Bitcoin miners from Galaxy's Texas facility, expanding Project Kati 1 to 83MW. Galaxy is repurposing its Helios site for AI/HPC applications. The partnership follows Galaxy's Q1 2025 debt financing to Soluna. The first 35MW phase of Kati 1 is set for completion this summer.

Layer-1 blockchain Qubic declared it achieved 51% control of Monero's hashrate after a month-long effort, triggering a six-block chain reorg that invalidated 60 blocks. While Qubic calls this a successful attack, Monero's community remains skeptical, with some disputing whether this constitutes a genuine 51% takeover.