Key Takeaways
- Bitdeer secures 30-year lease for 570 MW in Ohio.
- Bitdeer's global power capacity now exceeds 2.6 GW.
- Initial 266 MW to come online in Q3 2025.
Bitcoin miner and data center operator Bitdeer has secured a 30-year lease with the Monroe County Port Authority (MCPA) to expand its power capacity at the Hannibal Industrial Park in Clarington, Ohio. This strategic agreement will add 570 megawatts (MW) of power capacity, significantly boosting Bitdeer’s global capacity to over 2.6 gigawatts (GW).
The initial phase of this expansion will see 266 MW come online in the third quarter of 2025. The remaining 304 MW is currently under review and awaiting formal incorporation into the regional transmission planning process.
Linghui Kong, Chief Business Officer at Bitdeer, highlighted the importance of the expansion:
The strategic location of the Hannibal Industrial Park, combined with its ready-to-use infrastructure, significantly expands our existing power capacity and supports our growth ambitions in Bitcoin mining and HPC and AI.
According to Bitdeer’s 2023 annual report and recent press releases, the company’s operational power capacity includes sites in Bhutan, Norway, and the U.S., totaling 895 MW as of February 29. Prior to the new lease, an additional 575 MW was under construction, with another 500 MW in the planning stages.
The new lease pushes Bitdeer’s total power capacity to over 2.6 GW, marking a significant milestone in its expansion efforts.
This latest development underscores Bitdeer’s commitment to scaling its operations and solidifying its position as a leader in the Bitcoin mining industry.
