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BitDeer will increase us mining as a tariff break opens the store window: Report

BitDeer Technologies Group plans to take advantage of the 90-day suspension of American tariffs to deliver mining measures from Southeast Asia to the United States.

According to Bloomberg, Bitdeer, Bitcoin (Btc) A mining company referred to in NASDAK and was founded by the CRIPTO Mogul Jihan Vu, is experiencing A drop in profitability and a the fall of demand For bitcoin mining hardware.

As a result, Singapore-based company turns to self-initialization, not selling its machines to other operators. Will also start producing in the US as a result of Trump Tariff policies.

“Our plan that goes forward is to priorities of your own self-runaway,” said Jeff Laborge, Bitdeer’s head of the capital market and strategic initiatives.

Shift comes as the price of bitcoin’s price – a measure of mining profitability-stays close Historical vines, after last year’s halved event Reduced block of rewards. In the meantime, American tariffs under the Trump President Trump cause disorders of supply chain to be largely built in Asia.

American production based on

Bitdeer also intends to start production in the second half of 2025. years, aimed at reducing its dependence abroad and brings jobs in the United States

While the chips from Taiwan’s TSMC are currently free of tariffs, the company is prepared for possible cost increases.

Some customers delayed holding orders, encouraging BitDeer to take over the diversion of their own facilities in Bhutan and Norway.

The company currently operates about 900 megawati mining capacity globally and aims to scale at 2.6 gigavates until 2026. Years.

It also spreads to new markets, including Canada and Ethiopia and rejecting their data in Texas and Ohio to support artificial intelligence and high-performance computing.

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2025-04-15 20:20:00

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