Bitdeer is launching a $36 million facility in Sparks, Nevada, adding a new manufacturing base to its U.S. expansion plans. The company said the site is expected to employ about 70 engineers, technical specialists, and support staff. The move is aimed at raising production capacity while bringing hardware manufacturing closer to American customers.
Nevada site ties manufacturing closer to U.S. buyers
Known for its cryptocurrency mining and data center operations, Bitdeer is using the Nevada plant to support a broader push in the U.S. Paul Hanson, chairman of the board at Bitdeer Industrial, said the Sparks facility should strengthen supply chain reliability and place production much nearer to U.S. customers. For a mining hardware operator, that shifts part of the business from simple deployment toward tighter control over production and delivery.
Bitdeer Industrial CEO Catherine Guo pointed to Nevada’s workforce, logistics network, and business climate as major reasons for choosing the location. The facility is also meant to work alongside Bitdeer’s existing data centers and its innovation hub in San Jose, California.
Expansion comes while hash price stays near low levels
The timing stands out because mining revenue indicators remain weak. Data cited from Hashrate Index showed spot hash price hovering around $29.81, with Luxor recording a recent bottom of $27.89 on February 24. The March average was $31.27.
Pressure has been building since the April 2024 Bitcoin halving. Block rewards fell, total network computing power kept rising, and transaction fee revenue stayed soft. That combination reduced profitability per unit of compute. In this setting, miners running more efficient machines and benefiting from lower power costs have gained an edge, while older hardware has faced longer payback periods. The article describes hash price, measured in PH/s/day, as a core benchmark for mining profitability.
SEALMINER rollout and May output show operating growth
Bitdeer is responding with a vertical integration strategy designed to cut dependence on outside suppliers. The company has already begun deploying its own SEALMINER machines in its mining operations. The SEALMINER A4 series entered mass production in April and delivers energy efficiency of 9.45 J/TH.
Its operating figures for May showed a sharp increase. Bitdeer mined 921 BTC during the month, up 370% from a year earlier, while its self-mining capacity rose to 70.2 EH/s on an annual basis. The company is also expanding outside traditional crypto mining. It recently reported $69 million in recurring annualized revenue from its artificial intelligence cloud division and said it is in advanced negotiations with a potential co-location partner for its site in Tydal, Norway.