Bitdeer opens first American factory for Bitcoin miners

Bitdeer (NASDAQ: BTDR) has started construction of a brand-new production facility in Sparks, Nevada. With an investment of $36 million, the company is taking its first step into in-house manufacturing and assembly on American soil, and this at a time when the Bitcoin mining economy remains at a historic low.

Factory produces 10,000 miners per month

The new factory spans an impressive 187,000 square feet and is expected to be operational by the end of 2026. Once production is underway, the company will roll up to 10,000 SEALMINER units off the assembly line each month, as reported by The Energy Mag. The Sparks location also brings local employment: around 70 jobs will become available in engineering, technical functions and support roles.

Bitdeer was founded by Jihan Wu, co-founder of Bitmain, after he left that company. The move towards in-house production fits into a broader strategy of becoming less dependent on external suppliers and gaining better control over the supply chain.

Expansion of US presence

With this factory, Bitdeer is significantly expanding its presence in the US. Until now, the company has focused mainly on mining and data centres in America. The new production site in Nevada complements these existing activities, alongside the innovation centre the company already has in San Jose, California.

The timing is notable: the Bitcoin price stands at $62K at the time of writing, a rise of 1.0% over the past 24 hours, while margins for miners remain under pressure. Yet Bitdeer has chosen to invest heavily in domestic production capacity, indicating that the company has confidence in the long-term prospects for the sector.