Bitdeer Expands Bitcoin Mining with $21M Power Plant Acquisition
The post Bitdeer Expands Bitcoin Mining with $21M Power Plant Acquisition appeared first on Coinpedia Fintech News
Jihan Wu’s Bitcoin mining firm, Bitdeer, has acquired 19 acres near Fox Creek, Alberta, for $21.7 million, securing a 101 MW site permit. The company plans to build a natural gas power plant and a 99 MW Bitcoin mining data center. The power plant’s construction will require an additional $90 million, while the data center investment is estimated at $30 million. This expansion strengthens Bitdeer’s goal of becoming a fully integrated mining firm, managing its own infrastructure, power generation, and ASIC chips for efficient Bitcoin mining operations.
The FOMO Is Real—Telegram GameFi ICO, Dogizen, Ends on Friday
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US Postal Service Halts China Shipments: What It Means for the Crypto Market
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Bybit Registers with India’s FIU, Eyes Full License In A Week
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