Bitcoin miner Bitdeer secures a 30-year lease for an additional 570 MW of power at Ohio's Hannibal Industrial Park.
Bitcoin miner and data center operator Bitdeer has entered into a 30-year lease agreement with the Monroe County Port Authority (MCPA) to secure an additional 570 megawatts (MW) of power capacity at the Hannibal Industrial Park in Clarington, Ohio. This strategic partnership is set to enhance Bitdeer's global power capacity to 2.5 gigawatts (GW), as announced in a press release.
We are pleased to announce that Bitdeer has forged a strategic partnership with the Monroe County Port Authority (MCPA) in Ohio, securing an additional power capacity of up to 570 MW, significantly expanding our global available capacity to 2.5 GWs.
— Bitdeer (@BitdeerOfficial) June 28, 2024
Bitdeer has leased land for… pic.twitter.com/p10clyA2Or
As reported by TheMinerMag, the expansion is expected to begin with an initial 266 MW of power coming online in the third quarter of 2025. The remaining 304 MW is under review and pending formal incorporation into the regional transmission planning process.
Linghui Kong, Chief Business Officer at Bitdeer, expressed optimism about the expansion, noting, "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."
As per the company's 2023 annual report and recent press releases, Bitdeer's operational power capacity, which includes locations in Bhutan, Norway, and the U.S., totaled 895 MW as of February 29. An additional 575 MW was under construction, with 500 MW more in the planning stages before the Monroe County lease brought the company's total power capacity to over 2.6 GW.
