Bitdeer Launches Scrypt Miner as Bitcoin Mining Hardware Market Tightens

Bitdeer (NASDAQ: BTDR) Technologies Group said Monday it has launched a new self-developed cryptocurrency mining machine designed for the Scrypt algorithm, expanding its hardware lineup at a time when declining bitcoin mining profitability has put pressure on equipment demand across the industry. The Nasdaq-listed company introduced the SEALMINER DL1 Air, an air-cooled mining rig capable of supporting Scrypt-based cryptocurrencies including Litecoin and Dogecoin. The machine delivers a hashrate of 25 gigahashes per second (GH/s) with a power efficiency of 149 joules per gigahash (J/GH), according to the company. In a low-power operating mode, the DL1 Air can run at 20.5 GH/s with improved efficiency of 136 J/GH, allowing operators to reduce electricity consumption when power prices rise or grid constraints tighten. The machine consumes roughly 3,725 watts under standard conditions. The miner supports a range of Scrypt-based coins beyond Litecoin and Dogecoin, including Bellscoin, Junkcoin, Luckycoin and Pepecoin. Bitdeer said the device inherits the company’s existing SEALMINER air-cooling architecture and measures 197 × 365 × 292 millimeters, weighing about 15.5 kilograms. The launch comes as the broader bitcoin mining industry faces one of its most challenging profitability environments since the 2024 halving. Hashprice — a key measure of mining revenue per unit of computing power — has remained under pressure amid rising network hashrate and subdued transaction fees. As margins tighten, many miners have been cutting capital spending on new bitcoin-specific rigs or redirecting investment toward alternative computing businesses such as high-performance computing and AI data centers. The slowdown has also created a more difficult environment for mining hardware manufacturers, which rely on large equipment orders from operators expanding their fleets. The DL1 Air marks the company’s latest effort to diversify its equipment offerings beyond bitcoin’s SHA-256 algorithm into Scrypt-based mining.