Bitcoin (BTC) miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production

Bitdeer has begun prioritizing mining Bitcoin (BTC) itself in response to cooling demand for its mining hardware from other miners

Crypto miners are struggling in 2025 as volatile crypto markets are worsening the impact of the Bitcoin network's April 2024 halving and looming trade wars are affecting global supply chains.

Bitcoin miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production.

As President Donald Trump’s administration continues to prioritize US manufacturing and jobs, Bitdeer will be scaling up US hardware manufacturing in the second half of the year.

“This is something we’ve been planning for a long time,” Jeff LaBerge, Bitdeer’s head of capital markets and strategic initiatives, said of the manufacturing plans. “We want to bring jobs and manufacturing back to America.”

The move comes as Trump's administration is reportedly planning to introduce sweeping tariffs on US imports.

The Bitcoin network is especially vulnerable to trade barriers as the specialized hardware used for mining cryptocurrencies is made through complex global supply chains.

After the April 2024 halving, Bitcoin miners — including Bitdeer — have been struggling to adapt to a new macroeconomic landscape.

Earlier this year, Bitdeer saw its stock drop by roughly 28% as the Bitcoin miner announced lower-than-expected earnings and revenues for the fourth quarter of 2024.

“Our lower performance compared to Q4 2023 is primarily driven by the impact of the April 2024 halving,” among other factors, Harris Bassett, Bitdeer’s chief strategy officer, said during Bitdeer’s earnings call.

Every four years, the amount of BTC mined per “block” — a bundle of transaction data stored on the blockchain — is cut in half. The April 2024 halving reduced mining rewards from 6.25 BTC to 3.125 BTC per block.

Since then, mining revenues and gross profits have dropped by an average of 46% and 57%, respectively, JPMorgan said previously in a research note shared with Cointelegraph. Meanwhile, Bitcoin's hash price — a measure of miner profitability — has sunk to nearly all-time lows, according to data from the Hashrate Index.

In 2024, Bitdeer tried to offset declining mining revenues by selling its own energy-efficient Bitcoin mining rigs. However, sales growth has been limited and did not offset weakness in other business lines in Q4.

The market turbulence comes as American Bitcoin, a crypto mining operation backed by the Trump family, is reportedly considering an initial public offering.