Bitdeer Technologies Group, a major player in the Bitcoin mining space, has unveiled the SEALMINER DL1 Air, a new Application-Specific Integrated Circuit (ASIC) miner specifically designed for the Scrypt algorithm. This hardware launch marks a strategic expansion beyond Bitcoin mining, targeting the Litecoin (LTC) and Dogecoin (DOGE) networks, among others.
The SEALMINER DL1 Air delivers a hashrate of 25 GH/s with a power efficiency of 149 J/GH, built on Bitdeer's established Air Cooling architecture. The machine features three operating modes: Normal, High Hashrate, and a Low Power Mode. In Low Power Mode, it operates at 20.5 GH/s with improved efficiency of 136 J/GH. The miner supports not only Litecoin and Dogecoin but also several smaller Scrypt-based chains including Bellscoin (BELLS), Junkcoin (JKC), Luckycoin (LKY), and Pepecoin (PEP).
The announcement coincided with an approximately 8% rise in Bitdeer's stock (BTDR), making it one of the top gainers among crypto equities. Founded in 2020 by former Bitmain executive Jihan Wu, Bitdeer has been shifting from its original cloud mining focus toward developing proprietary hardware through its SEALMINER series. This move is intended to reduce reliance on external manufacturers and strengthen its position across multiple proof-of-work ecosystems.
A key advantage highlighted by Bitdeer is the Scrypt algorithm's support for merged mining. This process allows a machine validating the Litecoin blockchain to automatically include Dogecoin rewards at no extra operational cost, a model Bitdeer promotes as "one investment, two returns." The company noted that its Bitcoin-focused SHA-256 machines are ineffective for mining DOGE, underscoring the need for specialized Scrypt hardware.
This hardware launch occurs as Bitdeer pursues a broader diversification strategy. The company is also expanding into AI infrastructure and high-performance computing, supported by a planned $300 million private placement of convertible senior notes. Last month, the company sold its modest bitcoin holdings to support these financing efforts, with CEO Wu stating an intent to rebuild the bitcoin treasury later.
The release comes amid a period of historically elevated Bitcoin network difficulty, despite a recent dip in the average monthly hashrate to 733.13 EH/s in February from a record above 927 EH/s the prior month. Bitdeer reported a "total hash rate under management" of 71 exahashes per second (EH/s) at the end of 2025. Concurrently, the company faces a securities class-action lawsuit in the Southern District of New York related to alleged misrepresentations about its SEAL04 chip development timeline.
