Bitdeer, a Bitcoin mining business, plans to introduce a 570 MW electric power facility in Ohio

Interesting News: Bitdeer Secures Prolonged-Time period Lease for Hannibal Industrial Park!

Massive news from the Bitcoin mining earth! Bitdeer, the brainchild of Chinese tycoon Jihan Wu, has inked a 30-year lease deal with the Monroe County Port Authority to lock in a whopping 570 MW of ability at the Hannibal Industrial Park in Ohio. This shift is established to turbocharge Bitdeer’s mining prowess and boost their large-tech functions.

Although the monetary details remain hush-hush, Bitdeer uncovered that the site’s former life as an aluminum hub bodes properly for their ideas. With existing electricity infrastructure and best-notch utilities in place, Bitdeer is poised for big matters in the Bitcoin mining and AI sectors!

Out of the mammoth 570 MW ability, the initially 266 MW is eyeing a debut in Q3 2025, although the rest is however undergoing transmission arranging scrutiny. Remarkable times forward for Bitdeer!

Linghui Kong, Bitdeer’s chief company officer, couldn’t consist of his exhilaration about the new site. He gushed, “This enlargement is a sport-changer for us!” The partnership with the Port Authority is a testomony to Bitdeer’s innovation in the mining and tech planet.

Investors are also getting recognize, with Bitdeer’s shares (BTDR) soaring by 3.37% in pre-market place investing, hitting a substantial of $10.11. Chat about earning waves!

And if that was not ample, scorching on the heels of this deal, Tether, the stablecoin giant, pumped $150 million into Bitdeer. With massive plans on the horizon, Bitdeer is set to revolutionize the marketplace and thrust boundaries like hardly ever ahead of!