Power-Rich Sites Find New Mining Revenue Streams with Co-Mining

The post-halving mining landscape has introduced a sharper capital-allocation problem for site owners. With historically low hashprice pushing older, high-consumption machines offline, buying modern ASICs requires significant upfront investment and exposes operators to rapid hardware depreciation.

This is where Co-Mining comes in, a framework that decouples power assets from ASIC ownership. By partnering with a mining operator, site owners can contribute their locally compliant facility, available power capacity, and grid connection without financing the miner purchase or direct ASIC depreciation risk.

Bitdeer's Co-Mining model is an example of this structure. The company supplies the mining hardware and brings deployment and operating capabilities to the table. Net profit is shared according to agreed contract terms, with typical project requirements starting at 15 MW for air-cooled deployments and 5 MW for hydro-cooled deployments.

For power-rich sites, Co-Mining offers a more asset-light route to mining revenue without turning site owners into recurring hardware investors. By sharing mining capacity, operators can avoid locking capital into ASIC purchases and instead allocate resources to infrastructure with a longer useful life.