Bitdeer leases Nevada factory for U.S. ASIC miner manufacturing

Bitdeer Technologies Group (NASDAQ: BTDR) is establishing a bitcoin mining ASIC manufacturing facility near Reno, Nevada, according to a business update from the developer providing the lease. The Singapore-based bitcoin miner leased 187,632 square feet of industrial space in Sparks, Nevada, to produce its SEALMINER bitcoin mining computer line. This expansion comes as the company navigates operational challenges, including delays on a new chip design for its latest generation ASIC and shareholder litigat ...