In May 2025, Bitcoin miner Bitdeer reported a significant production increase, minting 196 BTC, which marks an 18% rise from April, largely due to the rebounding cryptocurrency market.

This surge in production coincided with Bitcoin's price reaching a new all-time high of $111,814, positively impacting mining operations and enabling miners to produce more coins.

Bitdeer Technologies Group highlighted that the 196 Bitcoin mined in May are valued at over $21 million, reflecting an 18.1% increase from the previous month.

The company's self-mining hashrate has reached 13.6 EH/s, bolstered by the deployment of SEALMINER mining rigs across various sites in Texas, Norway, and Bhutan.

At its Jigmeling site in Bhutan, Bitdeer activated 132 MW, with an additional 368 MW expected to come online by the third quarter of 2025.

In May, Bitdeer manufactured 9 EH/s of SEALMINER A2 units, successfully shipping 2.9 EH/s to customers, which included 1.6 EH/s sold during the month.

In addition to its mining operations, Bitdeer announced the launch of its AI Cloud service, leveraging advanced large language models to enter the high-performance computing and AI market.

With a total global capacity of 2,690 MW, Bitdeer is positioned as a leading Bitcoin mining operator and a pioneer in high-performance computing.

Infrastructure improvements are underway, including the energization of a 175 MW site in Tydal, Norway, expected to be fully operational by June, and ongoing developments at a 221 MW site in Massillon, Ohio, projected for completion in the latter half of 2025.

The increase in hashrate to 13.6 EH/s from 12.4 EH/s in April is attributed to the acquisition of new mining machinery.

Earlier in 2025, the Bitcoin mining sector faced challenges due to a price drop and increased competition, which made it difficult for miners to cover operational costs after the reward for mining was halved.

Former President Trump has expressed support for the Bitcoin mining industry, advocating for all future BTC to be mined in the United States.