Bitdeer Hits 70 EH/s, Claims to Be Largest Miner by Compute

  • Bitdeer's self-mining hashrate hit 70 EH/s in March 2026, a 504% year-over-year increase.
  • Q1 2026 saw the largest intra-quarter bitcoin network hashrate decline in about five years.
  • CleanSpark mined 658 BTC in March while Canaan hit a record crypto holding of 1,808 BTC and 3,952 ETH.
Bitdeer Hits 70 EH/s, Claims to Be Largest Miner by Compute
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Bitdeer produced 661 self-mined bitcoins in March 2026, up 480% from the same month last year, according to its latest operations update.

Bitdeer claims the top spot

The firm now commands about 225,000 self-owned rigs out of the 262,000 it has under management, and is scaling toward 3.0 gigawatts in global energy capacity.

Bitdeer’s self-mining operations reached roughly 70 EH/s, a 504% increase year over year, cementing its position as the largest miner by compute power.

Total hashrate under management grew to 78.1 EH/s, including hosted machines, as of the end of March.

Next largest

MARA, the next-largest public miner, reports a hashrate of 66.4 EH/s, while CleanSpark came in at an average operating hashrate of 47.3 EH/s.

The global bitcoin network hashrate stands at about 855 EH/s, down slightly from the start of the year but still elevated historically.

Q1 2026 saw the largest intra-quarter hashrate decline in about five years, driven by depressed prices and increased competition as firms redirect resources toward AI computing.

Bitdeer AI

Bitdeer’s AI Cloud utilization rose to 94%, up from 64% the prior month, with its AI Cloud annual run rate reaching about $43 million, up 105% month-over-month.

Matt Kong, Chief Business Officer of Bitdeer, said:

“This momentum underscores both the scale of the market opportunity and our ability to execute effectively in delivering high-performance AI infrastructure.”

Original Article