Mining company Bitdeer has ramped up its cryptocurrency mining capacity to 69.5 EH/s, marking a 504% increase year-over-year.

$BTDR March 2026 Operations Update:

šŸ”¹Self-mining #hashrate of 69.5 EH/s (ā¬†ļø 504% Y/Y), with 661 $BTC mined (ā¬†ļø 480% Y/Y)
šŸ”¹#SEALMINER A4 series launched with efficiency of ~9.45 J/T
šŸ”¹#AICloud ARR reached ~$43M (ā¬†ļø 105% M/M) as demand for #AI agent workloads grows… pic.twitter.com/3fjMX4KE0R

— Bitdeer (@Bitdeer) April 15, 2026

In March, the firm mined 661 BTC, a 480% increase from the previous year. Bitdeer operates approximately 262,000 mining rigs, with 225,000 owned by the company.

The company's global energy capacity (including projects under development) has reached 3 GW.

Market Position

Bitdeer's total hashrate has risen to 78.1 EH/s, which includes both its own equipment and hosted machines. The nearest competitor, MARA, reports a hashrate of 66.4 EH/s, while CleanSpark has 47.3 EH/s.

The company is increasing its production of ASIC miners: the flagship SEALMINER A4 series, with an energy efficiency of ~9.45 J/TH, is already available for sale. In March, Bitdeer also introduced the SEALMINER DL1 Air for mining Litecoin and Dogecoin using the Scrypt algorithm.

Simultaneously, the firm is expanding its AI division. The utilization rate of its AI Cloud service has increased from 64% to 94%, with annual revenue reaching approximately $43 million, up 105% month-over-month.

ā€œThis momentum reflects both the scale of market opportunities and our ability to effectively provide high-performance infrastructure for artificial intelligence,ā€ commented Bitdeer’s COO Matt Kong.

Other Players

Meanwhile, miner CleanSpark reported mining 658 BTC in March, bringing its total for the year to 1,799 BTC.

The operational hashrate at the end of last month reached 50 EH/s. The fleet of 224,473 rigs achieved peak efficiency of 16.07 J/TH, with a monthly capacity increase of 11%.

The company controls over 1.8 GW of capacity, with 808 MW already operational.

CleanSpark is actively expanding beyond Bitcoin mining. CEO Matt Schultz noted that they have made significant progress in attracting their first hyperscale client in AI and high-performance computing.

Canaan mined 89 BTC in March, with its crypto reserves reaching a record 1,808 BTC and 3,952 ETH.

The company’s deployed hashrate stands at 10.97 EH/s, with an additional 4.4 EH/s generated by a joint venture acquired from Cipher Mining — in February, Canaan purchased a 49% stake in three Texas facilities.

Sales

Major miners continue to sell Bitcoin amid challenging industry conditions. According to CryptoQuant, their combined balances have dropped from 1.862 million to 1.801 million BTC since the start of the current cycle, resulting in net sales of approximately 61,000 BTC.

Miner Reserves Declining.

Since the start of this cycle, miner reserves fell from ~1.862M BTC to 1.801M BTC, a net sell of ~61K BTC.

Verified selling:
• Riot Platforms: 4,026 BTC
• Marathon Digital: 13,210 BTC
• Core Scientific: 1,992 BTC

Simultaneously, AntPool miner… pic.twitter.com/xg9wrLshuH

— CryptoQuant.com (@cryptoquant_com) April 16, 2026

The largest seller was MARA Holdings, which sold 13,210 BTC. Riot Platforms and Core Scientific sold 4,026 BTC and 1,992 BTC, respectively.

At the same time, experts noted an increase in the balances of the AntPool mining pool.

It’s worth noting that Bitcoin’s hashrate decreased by nearly 6% in the first quarter of 2026, attributed to the shutdown of outdated equipment.