Bitdeer Technologies Group shares rose 9% after the company announced the new SEALMINER DL1 Air, a Scrypt-based mining machine built to efficiently mine cryptocurrencies such as Litecoin and Dogecoin. This announcement marks Bitdeer’s new entry into the Scrypt mining ecosystem with hardware intended for industrial-scale operations.
Bitdeer stock price rises as the company re-enters crypto mining
Bitdeer Technologies Group saw its stock price rise about 9% on Monday, March 16, boosted by investor enthusiasm following the debut of the SEALMINER DL1 Air, a new mining machine designed specifically for Scrypt-based cryptocurrencies.
The NASDAQ-listed company says the new miner delivers a hash rate of 25 GH/s, an energy efficiency of 149 J/GH, and consumes approximately 3,725 watts under standard operating conditions. This hardware is targeted at large-scale mining operations that require reliable long-term performance rather than short-term bursts of processing power.
DL1 Air marks Bitdeer’s return to the Scrypt mining segment, allowing miners to process networks such as Litecoin, Dogecoin, Bellcoin, Junkcoin, Luckycoin, and Pepecoin.
Industry officials say the launch comes at a time when institutional investors are increasingly focused on operational efficiency and predictable hardware performance, especially as energy costs remain volatile across major mining regions.
Built for industrial scale mining
Bitdeer designed the machine with multiple operating modes to allow operators to balance performance and power consumption.
A unique low power mode reduces energy usage, delivering up to 20.5 GH/s while increasing efficiency to 136 J/GH. Standard and high hashrate modes are also available, allowing carriers to adjust performance based on infrastructure and power prices.
The system is designed to operate in a temperature range of -20°C to 50°C, with a humidity tolerance range of 10% to 90%, and supports installations up to 2,000 meters above sea level, a key requirement for globally distributed mining facilities.
DL1 Air follows the company’s established SEALMINER air-cooled architecture, a design already deployed in multiple mining farms around the world. With compact dimensions and a weight of 15.5 kg, this unit is designed for easy integration into existing infrastructure.
market reaction
The market reacted quickly. BitDeer shares rose nearly 10% during the day, reflecting investor optimism that new hardware could strengthen the company’s position in the competitive mining equipment market.
Analysts say the move underscores Bitdeer’s strategy to diversify beyond its core Bitcoin mining infrastructure while tapping into new demand for its Scrypt mining hardware.
Notably, the company continues to mine and sell its current Bitcoin production, with the March 14th update recording sales of 158.8 Bitcoins mined.
If adoption follows the initial market enthusiasm, DL1 Air could position Bitdeer as a strong candidate for the next generation of Scrypt mining technology.
Frequently asked questions ⏱️
- What happened to Bitdia?
Bitdeer stock rose about 9% after the company announced a new high-efficiency miner designed for the Litecoin and Dogecoin networks. - What cryptocurrencies can the new miner handle?
SEALMINER DL1 Air supports several Scrypt coins, including Litecoin, Dogecoin, Bellcoin, Junkcoin, Luckycoin, and Pepecoin. - Where can miners operate globally?
The hardware is designed for global deployment and operates from -20°C to 50°C, withstands humidity from 10 to 90%, and functions at altitudes up to 2,000 meters. - Why is this important for the crypto mining market?
New energy-efficient hardware has the potential to significantly reduce operational costs for mining farms, increase profitability, and increase participation in Scrypt-based blockchain networks.
