Bitdeer produced 110 Bitcoin in February 2025, showing a slight dip from January's numbers. The decrease wasn't shocking – February's shorter month took its toll. But here's the kicker: the company's sitting pretty with 1,039 BTC in total holdings. While some crypto miners struggle, Bitdeer's expanding globally and just dropped $21.7 million on a massive Alberta site. The company's recent moves suggest there's more to this story than just monthly production figures.
While other miners struggle to keep up, Bitdeer has flexed its mining muscles by producing 110 Bitcoin in February 2025. Sure, it's a slight dip from January's numbers – blame it on February's stingy calendar – but with total holdings now at 1,039 BTC, they're not exactly crying themselves to sleep. According to unaudited company reports, these mining figures demonstrate Bitdeer's continued momentum in the crypto mining space.
The real story? Bitdeer's throwing its weight around with a massive 101 MW site acquisition in Alberta. Talk about going big or going home. This isn't just another mining operation – it's a full-blown power play that could scale up to 1 GW. And get this: they're actually planning to capture carbon while they're at it. How very 2025 of them. The project, situated on 19 acres near Fox Creek, is set to reshape the mining landscape. With mining difficulty at an all-time high, industrial-scale operations like this are becoming essential for profitable Bitcoin production.
The company's dropped $21.7 million in cash on the Alberta site, with another $90 million earmarked for a gas-fired power plant. Toss in $30 million for infrastructure, and you've got yourself quite the mining party. But here's the kicker – they're planning to sell excess power back to the grid. Because why not make money coming and going?
Their tech game isn't exactly slouching either. The SEALMINER machines, sporting that fancy SEAL02 chip with its 13.5 J/TH efficiency in ultra power-saving mode, are making other miners look like they're running on hamster wheels. And they're not done yet – SEALMINER A2 and A3 are already in the pipeline.
Bitdeer's spreading its wings globally, with operations in the USA, Norway, Bhutan, and now Canada. They're like the Bitcoin mining version of a world tour, minus the groupies. With power costs projected at $20 to $25 per MWh in Alberta, they're positioning themselves as the first fully integrated Bitcoin miner worldwide. Not too shabby for a company that's determined to turn the mining industry on its head.
Between the carbon credits, grid power sales, and their ever-expanding global footprint, Bitdeer's making it clear they're not just here to play – they're here to dominate. And February's numbers? Just another day at the office.
