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Bitdeer Expands Power Capacity Pipeline to 2.5 GW with 570 MW Strategic Partnership with Monroe County Port Authority in Ohio
Jun 28, 2024•almost 2 years ago
Contract Type
partnership
SingaporeInformation Technology
Description
Bitdeer Technologies Group has entered into a lease agreement with the Monroe County Port Authority (MCPA) to secure up to 570 MW of additional power capacity, significantly increasing Bitdeer’s total capacity to 2.5 GW globally. Under the partnership, Bitdeer has leased land for 30 years at the Monroe County Port Authority-owned Hannibal Industrial Park in Clarington, Ohio USA, to support its growth ambitions in Bitcoin mining and HPC and AI.
Company Information
Company
Bitdeer Technologies Group
Location
Singapore
About
Bitdeer Technologies Group (Nasdaq: BTDR) is a leader in the blockchain and high-performance computing industry. It is one of the world’s largest holders of proprietary hash rate and suppliers of hash rate. Bitdeer is committed to providing comprehensive computing solutions for its customers.
The company was founded by Jihan Wu, an early advocate and pioneer in cryptocurrency who cofounded multiple leading companies serving the blockchain economy. Matt Linghui Kong, the CEO of Bitdeer Group, provides leadership through deep industry knowledge and technological expertise.