Key Takeaways:
Bitdeer mined 2694 BTC in Q2, virtually 5 instances as a lot a yr in the past.The income rose by 47% to $228.8 million, and internet loss elevated to $92.3 million.Because the miner continues to develop AI and excessive efficiency mining efforts, Bitcoin has additionally dipped to 150 models.
Bitdeer Applied sciences Group additionally indicated leaped Bitcoin mining manufacturing in 2Q 2026 because of a considerably elevated self-mining fleet. It’s also leveraging AI infrastructure, and, on this regard, changing its energy and information centre footprint right into a wider computing enterprise.
Bitcoin Mining Output Surges
The contribution of Bitdeer was 2,694 BTC in Q2 towards 565 BTC in Q2 of 2025. This is a rise of virtually 377% from a yr in the past.
The rise adopted when Bitdeer started self-mining actions. Common self mining hashrate elevated to 69.5 EH/s, greater than a yr in the past when it was 14.2 EH/s. Whole hash price below administration stood at 86.1 EH/s, versus 30.6 EH/s in Q2 2025.
By the top of the quarter the corporate had 243,000 self-mining rigs, up from 114,000 a yr earlier. Together with hosted machines, Bitdeer managed 289,000 mining rigs.
There was additionally a marked enhance within the effectivity of the mining operation. The common miner effectivity dropped to fifteen.8 J/TH from 25.7 J/TH the yr earlier than, in order that the older fleet used much less power output per unit of mined computing energy.
Nonetheless, regardless of this fast enhance of manufacturing, Bitdeer managed to finish June with 150 BTC, up from 1,502 BTC from a yr in the past. On the finish of the quarter, it had $196.9 million in digital property and digital-asset receivables.
Learn Extra: Tether Open-Sources Bitcoin Mining OS to Energy House Rigs and World Mining Farms
Income Climbs Whereas Losses Stay
Bitdeer’s Q2 revenues rose to $228.8M from $155.6M a yr prior. Self-mining guano made up $168.4 million of the overall, whereas co-mining generated $25 million.
As well as, the income of AI Cloud additionally skilled a big transformation from $1.3 million in Q2 2025 to $14 million. Cloud hash-rate income added one other $3.7 million.
However, with more cash got here no quarterly revenue. Bitdeer’s value of income rose to $237.3 million, which resulted in a gross lack of $8.5 million. The online loss elevated to $92.3 million from $62.9 million a yr in the past.
Extra electrical energy consumption, depreciation, staffing bills and infrastructure prices have been the explanations for decrease outcomes as Bitdeer squeezed in additional mining functionality. Nonetheless, adjusted EBITDA rose considerably to $31.1 million from $4.6 million within the earlier Q2 2025.
Bitdeer Expands From Bitcoin Into AI
Bitdeer is more and more positioning its power infrastructure for each crypto mining and AI computing. The corporate reported 2,980.2 MW of whole world electrical capability, together with 1,752 MW already on-line and 1,228.2 MW in its growth pipeline.
Its Norway operations are central to the technique. Bitdeer has secured a 16-year, $4.7 billion AI/HPC lease settlement linked to its Tydal web site, with 121 IT MW deliberate for NVIDIA GPU deployments for a serious AI buyer.
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