Bitdeer’s Hashrate Soars 15.7% M/M to 63.2 EH/s, Bitcoin Output Up 430%
Bitdeer raised its self-mining hashrate by 15.7% month-over-month to 63.2 EH/s, driving a 430% year-over-year surge in Bitcoin production to 668 BTC in January. GPU cloud ARR hit $10 million with 41% utilization of 1,792 GPUs, while R&D taped out a Litecoin ASIC and signed a U.S. factory lease.
1. Mining Growth
Bitdeer’s self-mining hashrate reached 63.2 EH/s in January, up from 55.2 EH/s in December, contributing to a total managed hash rate of 78.1 EH/s. The company mined 668 BTC in the month, a 430% increase year-over-year, and deployed additional SEALMINER rigs while retiring older third-party machines.
2. GPU Cloud Expansion
As of January 31, Bitdeer AI operated 1,792 GPUs (H100, H200, B200, GB200) in its GPU cloud, achieving a 41% utilization rate and generating approximately $10 million in annualized recurring revenue under external subscription. Initial NVIDIA GB200 NVL72 infrastructure went live in Malaysia, with U.S. data center leases under evaluation.
3. R&D and Factory Progress
Research efforts produced the first taped-out SEAL-DL1 Litecoin ASIC, with initial tests exceeding expectations and Q1 2026 launch targeted alongside SEAL04-1 mass production. Concurrently, Bitdeer signed a lease for its U.S. manufacturing facility and submitted construction permits to local authorities.