For entrepreneurs who already control land and reliable electricity, energy is a strategic asset that can be put to work. Power supports traditional industries; paired with computing infrastructure, it can also create new sources of digital value. The International Energy Agencyย projects that global data-center electricity consumption will rise from 485 terawatt-hours in 2025 to about 950 TWh in 2030. That makes dependable power and suitable sites increasingly important. For owners with land and underused power capacity,ย the opportunity is to turn those assets into computing revenue. Bitdeer’s Co-Mining model offers one way to do that without buying mining hardware.
Put Capital Where It Lasts
Bitcoin mining isย one way to turn electricity into computing output and potential revenue. But electricity cannot do the work alone.ย A traditional miningย operation needs mining hardware, electrical systems, cooling and skilled staff.
These costs do not age at the same rate. A substation or power connection may serve a business for decades, while mining machines can lose competitiveness quickly as hardware improves and network difficulty shifts. For a site owner with capital, committing large sums to equipment that depreciates fast is a costly trade; the same capital, held in durable power and site assets, holds its value far longer.
Co-Mining Separates Power From Hardware Investment
Bitdeer’s Co-Mining modelย addresses this by separating energy infrastructure from mining hardware investment.ย It is a partnership between site owners and a computing operator, built on the resources each side contributes.ย Under thisย model, the siteย ownerย provides a compliant site, power capacity and grid connection. Bitdeer supplies minersย andย deployment. Crucially, the site ownerย does not need to buy the miners.
| Traditionalย Mining | Bitdeer Co-Mining | |
| Mining hardware | Site owner buys miners | Bitdeer supplies miners |
| Upfront hardware investment | High, paid by site owner | None for site owner |
| Siteย andย power | Site owner provides | Site owner provides |
| Revenueย and costs | Site owner keeps all revenue and bears all costs | Net profits sharedย at an agreed ratio |
By removing the need to purchase miners, Co-Mining allows site owners to direct more capital toward long-term infrastructure, such as transformers, cooling systems and power distribution equipment.
Co-Mining has already moved beyond small-scale trials. Bitdeer reported 56,000 miners in Co-Mining operations in June 2026. Its Co-Mining hash rate at third-party data centers reached 28.7 EH/s in September, up from 15.9 EH/s in June.
What Makes a Site a Fit
Aย viable partnership starts with the site’s power quality and electricity costs. Bitdeer’s published typical site requirements are at least 15 MW for air-cooled installations or 5 MW for hydro-cooled installations, alongside a favorable electricity-rate environment. At a constant 5 MW load, a $0.01-per-kWh rise in power prices adds roughly $1,200 to the daily electricity bill. That simple example shows why having enough power is only part of the equation; cost and supply reliability matter just as much. Because net profits are shared at an agreed ratio after applicable costs, subject to the contract, power prices, Bitcoin prices, network difficulty and uptime all shape the final outcome.
Investment That Can Extend Beyond the Site
A Co-Mining site can also leave lasting value in its community. Miners are replaced generation after generation, but two things can stay: upgraded infrastructure such as substations, transformers and cooling systems, and a trained local workforce able to run high-load power and data-center environments. Together, they support regional development, strengthen a countryโs digital economy and lay the foundation for the computing opportunities that follow.
A Potential Bridge to AI and HPC
In June 2026, Sphere 3D announced Co-Mining agreements with Bitdeer covering 30 MW at three sites in Tennessee and Kentucky. Sphere 3D said it was also assessing potential AI and high-performance computing (HPC) uses. The agreements show how available power can support mining today while other computing opportunities are evaluated.
A shift to AI is not automatic: Bitcoin ASIC miners cannot become AI GPUs, and AI facilities often require different cooling, networking and reliability standards. But what carries forward are the hardest parts to build: reliable power infrastructure and a team that knows how to run it.
For an entrepreneur with land and power,ย the opportunity reaches beyond Bitcoin mining today. With the right partnership and viable economics, an energy asset can becomeย a working computing siteโand part ofย the groundwork for the next generation of digital infrastructure.