Bitdeer to build its first US mining rig factory in Nevada

Nasdaq-listed mining company Bitdeer (BTDR) has announced plans to build a $36 million manufacturing facility in Sparks, Nevada. This will be its first manufacturing facility in the United States. The facility is expected to be completed by the end of this year and is projected to produce up to 10,000 mining rigs per month. Bitdeer was founded by Jihan Wu, co-founder of Bitmain, after he left the company. The company has been pursuing a "zero BTC" strategy since February, selling all the Bitcoin it mines.