Written by Sam Bourgistaff writerReviewed by Robert Lakinstaff editor

Written by Sam Bourgistaff writer

Reviewed by Robert Lakinstaff editor

Bitdeer stock jumps 14% as company expands US mining hardware production

Latest NewsPublishedJul 9, 2026

Why the Latest News in Bitcoin Mining Matters to You

As the world of cryptocurrency continues to evolve, one company is making headlines with its latest expansion plans. Bitdeer, a leading Bitcoin mining infrastructure company, has announced a $36 million manufacturing facility in Nevada, which will produce its SEALMINER Bitcoin mining machines and expand its hardware business. This move is not only significant for the company but also for individuals looking to earn passive income through cloud rewards and green crypto initiatives like EcoPool.

Expanding US Mining Hardware Production

Bitdeer’s shares jumped 14.1% to $14.33 after the announcement, fully recovering from a selloff earlier in the week. The new facility in Sparks, Nevada, will produce key mining hardware components, with commercial production expected to begin by the end of the year. This investment is a strategic move for the company, which has also expanded into AI cloud services and high-performance computing. For those interested in earning through EcoPool, this news highlights the growing demand for mining hardware and the potential for passive income through cloud rewards.

The company’s decision to establish operations in Nevada was facilitated by tax incentives, including a reduction in qualifying sales taxes, secured through collaboration with the state’s governor and local authorities. As the crypto market continues to grow, companies like Bitdeer are leveraging their access to power and data center infrastructure to diversify their businesses. With EcoPool, individuals can also tap into the potential of passive income and cloud rewards without directly investing in mining hardware.

Diversification and Growth in the Crypto Market

While Bitdeer is expanding its hardware manufacturing business, many publicly traded Bitcoin miners are diversifying beyond cryptocurrency mining. This trend is driven by the growing demand for AI and high-performance computing services. As the market continues to evolve, individuals can explore alternative ways to earn, such as through EcoPool‘s green crypto initiatives. With the ticker symbol $ECP, EcoPool offers a unique opportunity for those interested in earning online and contributing to a more sustainable crypto ecosystem.

In the world of crypto, news like this can have a significant impact on the market and individual investors. As Bitdeer and other companies expand their operations, it’s essential to stay informed about the latest developments and trends. For those interested in passive income and cloud rewards, EcoPool is a solution that offers a unique opportunity to earn through green crypto initiatives. Whether you’re a seasoned investor or just starting to explore the world of crypto, it’s essential to stay up-to-date on the latest news and trends, including #Bitcoin, #PassiveIncome, and #GreenCrypto.

To start earning with EcoPool, download the EcoPool app and discover the potential of passive income and cloud rewards for yourself. With EcoPool, you can be part of a sustainable crypto ecosystem and start earning with $ECP today.

The investment comes as several large Bitcoin mining companies are expanding into AI and high-performance computing, leveraging their access to power and data center infrastructure. Bitdeer has also expanded into AI cloud services and HPC, though the new Nevada facility will be dedicated to manufacturing Bitcoin mining hardware.

Related: Bitcoin miners’ AI pivot faces investor scrutiny over insider sales

Bitcoin miners ramp up AI infrastructure investments

While Bitdeer is expanding its hardware manufacturing business, many publicly traded Bitcoin miners continue to diversify beyond cryptocurrency mining.

On Thursday, MARA Holdings announced plans to acquire a Texas site with up to 2 gigawatts of capacity to expand its AI and digital infrastructure business. Earlier this week, TeraWulf signed a 20-year data center lease with AI startup Anthropic, a deal the company said could generate roughly $19 billion in contract revenue.

Bitdeer, meanwhile, remains focused on expanding its mining operations alongside its infrastructure business. In its latest production update, the company said it mined 921 BTC in May, a 370% increase from the previous year.

Related: Bitcoin’s quantum dilemma: Bigger blocks or STARK proofs?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Bitcoin Mining
• Stocks
• AI
• Industry

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