Bitdeer hits 58 EH/s in December as it vies with MARA for top spot

Core Insights - Bitdeer reported a proprietary hashrate of 58 EH/s in December, positioning itself as a strong competitor against industry leaders like MARA, CleanSpark, and IREN [1] - The company mined 636 bitcoin in December 2025, marking a 339% increase year-over-year [1] - Bitdeer's production increase is attributed to the deployment of its SEALMINER rigs, enhancing its self-mining capacity to 55.2 EH/s [1] Mining Performance - Bitdeer's bitcoin production of 636 in December significantly narrows the gap with CleanSpark's 622 bitcoin and MARA's implied hashrate of 60.4 EH/s [2] - IREN achieved a hashrate of 50 EH/s last year but paused operations to focus on AI initiatives [2] Technology Development - The company is advancing its next-generation SEAL04 chips, which have shown power efficiency of 6-7 J/TH, with mass production expected in Q1 2026 [3] - Bitdeer sold approximately 1.4 EH/s of SEALMINER A2 units to external parties in December [3] Diversification Efforts - Beyond bitcoin mining, Bitdeer is testing high-performance computing equipment in Southeast Asia, deploying NVIDIA GB200 systems in Malaysia [4] - The company plans to publicly launch its cloud service in January 2026 and is exploring data center leasing opportunities in the U.S. [4] Financial and Operational Capacity - As of December 31, Bitdeer held 2,017 bitcoin and manages a total global electrical capacity of 1,658 megawatts across various locations [5] - Ongoing construction includes a 570-megawatt site in Clarington, Ohio, expected to be operational by Q3 2026, and design work for AI data center conversion in Norway [5]