Wednesday, April 16, 2025

Bitdeer Goes Solo: Mining Bitcoin, Investing in US Production





Bitdeer Mines Its Own Path (and Bitcoin) Bitcoin miner Bitdeer is changing course, prioritizing its own Bitcoin mining operations rather than relying on sales of mining hardware. This move comes amid the ongoing downturn in the crypto market, particularly impacting miners after the 2024 halving. Bitdeer also plans to ramp up US-based mining production, possibly seeking to take advantage of policies aimed at boosting domestic manufacturing. This strategy highlights the challenges and shifting priorities faced by miners in a turbulent market.

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Crypto News: Tether Investment, Robinhood Acquisition, XRP Slowdown Tether invests in Orionx to expand in Latin America; Robinhood acquires Bitstamp; XRP Ledger activity slows after a strong Q1. #Crypto #LatinAmerica #Acquisition #XRP

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