Bitdeer Nears 9% of Bitcoin Block Rewards After Sixfold Share Gain

Bitdeer (NASDAQ: BTDR) mined a record 1,190 bitcoin in July, extending a rapid expansion that has lifted its estimated share of global block rewards toward 9% even as the company commits more of its power portfolio to AI infrastructure.

Production increased 20% from 990 bitcoin in June and 322% from 282 a year earlier, Bitdeer said in its July operations update Wednesday. Based on TheEnergyMag’s archive data, Bitdeer captured 8.712% of total bitcoin block rewards during July, up from 7.439% in June and 1.953% a year earlier. Its share has grown more than sixfold since May 2025, when it stood at 1.337%.

The increase reflects Bitdeer’s deployment of its internally developed Sealminer machines across company-owned and third-party facilities. Self-mining capacity reached 76.7 exahashes per second at the end of July, up from 73 EH/s in June and 22.3 EH/s a year earlier. Another 18.7 EH/s was operating under co-mining arrangements, compared with 15.9 EH/s in June.

Bitdeer could approach a 9% share of network rewards after adding equipment at Soluna (NASDAQ: SLNH) Holdings’ Project Kati 1 in South Texas. Under an agreement announced Tuesday, Bitdeer will deploy about 28 megawatts of Sealminer A2 Pro Air machines representing 1.93 EH/s. Installation is scheduled to begin in batches in September.