๐Ÿš€Bitdeer, the Bitcoin mining mogul, has just signed a 30-year lease on an old aluminum factory in Ohio. The site is all set with the power infrastructure needed for mining ops. ๐Ÿ’ก

Phase 1 of the plan is to get 266 MW by Q3 2025, with an additional 304 MW pending approval. This move is all about Bitdeer expanding its capacity. ๐Ÿญ

Analyst Mark Palmer is all in on Bitdeer, praising their energy efficiency at just $0.04 per kilowatt hour. This comes hot on the heels of a cool $150 million investment from Tether. ๐Ÿ’ฐ

Post-2024 halving, miner profitability is a hot topic. Research shows mining costs could range from $43,913 to $62,276 per BTC. But Bitdeer isn't fazed, their long-term lease and expansion plans show they're ready to scale up despite the challenges. ๐Ÿ’ช

What do you think about Bitdeer's move? Will it pay off in the long run? Let's chat in the comments! ๐Ÿ—จ๏ธ #DeFi #Web3 #Technology