Bitdeer has increased its Bitcoin mining capacity to 69.5 EH/s, surpassing Marathon Digital Holdings and marking significant growth in the sector.
Bitdeer, a prominent cryptocurrency mining company, has significantly boosted its mining capacity to 69.5 EH/s, a remarkable 504% increase compared to last year.
Bitdeer reported a March 2026 operations update, highlighting:
🔹 A self-mining hashrate of 69.5 EH/s (up 504% Y/Y), with 661 BTC mined (up 480% Y/Y)
🔹 Launch of the SEALMINER A4 series, achieving ~9.45 J/T efficiency
🔹 AI Cloud annual revenue reaching ~$43M (up 105% M/M) as demand for AI workloads surges.
— Bitdeer (@Bitdeer) April 15, 2026
In March, Bitdeer mined a total of 661 BTC, a substantial increase from the previous year. The company operates around 262,000 mining rigs, with 225,000 of those owned directly by Bitdeer.
Its global energy capacity, including projects in development, has reached 3 GW.
Competitive Landscape
Bitdeer now boasts a total hashrate of 78.1 EH/s, which combines its own equipment and hosted machines. Its closest competitor, Marathon Digital Holdings (MARA), has a hashrate of 66.4 EH/s, while CleanSpark follows with 47.3 EH/s.
The company is also ramping up production of ASIC miners, including the newly launched SEALMINER A4 series. Additionally, Bitdeer has introduced the SEALMINER DL1 Air, targeting Litecoin and Dogecoin mining.
In parallel, Bitdeer's AI division is thriving, with its AI Cloud service utilization rising from 64% to 94%, generating approximately $43 million in annual revenue, a 105% month-over-month increase.
“This momentum reflects both the scale of market opportunities and our ability to effectively provide high-performance infrastructure for artificial intelligence,” stated COO Matt Kong.
Industry Updates
Meanwhile, CleanSpark reported mining 658 BTC in March, bringing its year-to-date total to 1,799 BTC. The company's operational hashrate reached 50 EH/s, supported by 224,473 rigs.
Canaan mined 89 BTC in March and reported a record crypto reserve of 1,808 BTC and 3,952 ETH. Its deployed hashrate stands at 10.97 EH/s, bolstered by a joint venture with Cipher Mining.
Amidst these developments, major miners are liquidating Bitcoin due to challenging market conditions. Since the start of the cycle, the combined Bitcoin reserves of miners have fallen from approximately 1.862 million to 1.801 million BTC, representing a net sale of around 61,000 BTC. The largest seller was MARA, offloading 13,210 BTC, followed by Riot Platforms and Core Scientific with 4,026 BTC and 1,992 BTC sold, respectively.
Interestingly, Bitcoin's overall hashrate dropped nearly 6% in the first quarter of 2026, attributed to the retirement of outdated mining equipment.
