Co-Mining Decouples Power Assets From ASIC Ownership

For power-rich sites looking to monetize their assets in the post-halving mining landscape, Co-Mining offers a solution. This model decouples power infrastructure from ASIC ownership, providing a more asset-light route for qualified sites.

In traditional self-funded mining, site owners bear nearly all the major commitments: securing land, power capacity, permits, and grid access, then purchasing miners, building supporting systems, and carrying the equipment through its useful life. However, this model concentrates risk on the site owner, who is tied to assets that can become less competitive quickly due to rapidly changing efficiency standards.

Co-Mining changes this dynamic by shifting hardware ownership exposure from the site partner to the mining operator, Bitdeer in this case. The site partner provides a locally compliant facility, available power capacity, and grid connection while Bitdeer supplies the mining hardware and deployment capabilities. Net profit is shared according to the agreed contract terms.

This model has already been deployed at an industrial scale, showing that shared mining capacity can operate beyond pilot-project size. However, project economics still depend on electricity prices, uptime, curtailment, Bitcoin prices, network difficulty, and the final profit-sharing structure.