US Tech Expansion
Bitdeer begins construction on $36 million Nevada facility for US chip and rig production.
Key Points
For a company founded by Jihan Wu, the co-founder of Bitmain, this is a full-circle moment.
The Sparks site lease was signed in December 2025 with Dermody Properties, signaling formal occupancy planning ahead of the build.
If the facility reaches its target of 10,000 SEALMINER units per month, annual production would be about 120,000 rigs.
The 70 local jobs will include engineering, skilled technician and support roles, with opportunities for new entrants to the workforce.
Industry context shows mining hashprice pressures persist, with hashprice around $29.81 per PH/s/day and historical lows referenced, underscoring Bitdeer’s counter-cyclical push into domestic manufacturing.
Bitdeer Technologies has broken ground on a $36 million electronics manufacturing facility in Sparks, Nevada, according to Crypto Briefing. The 187,000-square-foot plant aims to produce up to 10,000 SEALMINER mining rigs per month by the end of 2026 — roughly 120,000 units per year.
The move marks Bitdeer's first domestic manufacturing site in the United States, according to The Energy Mag. It is a bold counter-cyclical bet at a time when bitcoin mining economics are under pressure, with hashprice — the daily revenue per unit of mining power — sitting around $29.81 per PH/s/day.
A Full-Circle Moment for a Bitmain Co-Founder
Bitdeer was founded by Jihan Wu, who also co-founded Bitmain — the world's dominant mining rig maker. Building rigs on U.S. soil is a striking turn for a company born out of China's hardware supply chain. The Sparks facility will handle design, assembly, and production under one roof, a strategy Bitdeer calls vertical integration.
Bitdeer signed its lease for the Sparks site with Dermody Properties in December 2025, signaling it had been planning the build for months. The facility will complement Bitdeer's existing U.S. data centers and its San Jose innovation hub, according to Quiver Quant.
SEALMINER Rigs Built for Mining and AI Workloads
The SEALMINER is Bitdeer's in-house hardware line. It is designed for bitcoin mining but also supports AI computing workloads. That dual-use capability is key. It lets Bitdeer sell into two fast-growing markets with a single product, according to Crypto Briefing.
Producing 10,000 units per month would make the Sparks plant a significant source of U.S.-made mining hardware. Most rigs today are built in Asia. Onshore production gives Bitdeer more control over its supply chain and shields it from shipping delays and import risks.
Nevada Chosen for Workforce, Logistics, and Business Climate
Bitdeer executives pointed to Nevada's skilled workforce, strong logistics networks, and business-friendly tax environment as reasons for choosing Sparks. The city sits near major interstate highways and rail lines, making it easy to ship hardware across the country.
The project is expected to create about 70 local jobs. Roles will include engineers, skilled technicians, and support staff. Bitdeer said it plans to open opportunities to new workforce entrants, not just experienced hires, according to The Energy Mag.
Betting Big While Bitcoin Mining Margins Stay Thin
The timing is notable. Bitcoin mining is not easy money right now. Hashprice — a measure of daily mining revenue — has been under sustained pressure and sits near $29.81 per PH/s/day, well below historical highs. Many miners are cutting costs, not building factories.
Bitdeer is moving in the opposite direction. By building now, it can ramp production before a potential market recovery. If bitcoin prices rise and mining margins improve, Bitdeer would have 120,000 rigs per year ready to sell or deploy, according to Investing.com.
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