Bitdeer Launches SEALMINER DL1 Air for Litecoin and Dogecoin Mining, Stock Rises 9%

Bitdeer Technologies Group (NASDAQ: BTDR) unveiled its new SEALMINER DL1 Air mining machine on March 16, 2026, a Scrypt-based hardware solution designed specifically for mining Litecoin (LTC), Dogecoin (DOGE), and other Scrypt algorithm proof-of-work blockchains.

Following the announcement, Bitdeer shares rose approximately 9%, making it the fourth-largest gainer among crypto equities tracked by The Block’s stock page.

The new miner delivers 25 GH/s hashrate with power efficiency of 149 J/GH, consuming roughly 3,725 watts under standard operating conditions, and inherits the company’s established SEALMINER air-cooling architecture already deployed across multiple mining farms worldwide.

SEALMINER DL1 Air Technical Specifications

Performance and Efficiency

The DL1 Air offers multiple operating modes to balance performance and electricity consumption based on mining facility requirements:

Standard Mode: 25 GH/s hashrate at 149 J/GH efficiency

Low Power Mode: Reduces energy usage to 20.5 GH/s while improving efficiency to 136 J/GH

High Hashrate Mode: Available for operators prioritizing maximum processing power

Environmental Operating Range

The system is engineered for global deployment across diverse mining environments:

Temperature tolerance: -20°C to 50°C

Humidity tolerance: 10% to 90%

Altitude support: Functioning at elevations up to 2,000 meters above sea level

Dimensions: Compact form factor weighing 15.5 kg for easy infrastructure integration

Supported Blockchains

The Scrypt-based machine supports merged mining across multiple networks, enabling simultaneous validation of parent and auxiliary chains:

• Litecoin (LTC)

• Dogecoin (DOGE)

• Bellscoin (BELLS)

• Junkcoin (JKC)

• Luckycoin (LKY)

• Pepecoin (PEP)

Strategic Significance

Return to Scrypt Mining

The DL1 Air marks Bitdeer’s reentry into the Scrypt mining segment after a period focused primarily on Bitcoin SHA-256 infrastructure. The company previously noted that its Bitcoin-focused mining machines “act like a glorified paperweight when faced with Dogecoin” due to algorithmic differences between SHA-256 and Scrypt chains.

Bitdeer frames Scrypt mining as a “one investment, two returns” proposition, as machines used to mine Litecoin automatically include Dogecoin rewards through merged mining at no additional operational cost.

Company Background

Founded in 2020 by former Bitmain executive Jihan Wu, Bitdeer has evolved from a cloud mining platform into a major player in ASIC chip development through its SEALMINER series. The company has increasingly diversified into high-performance computing and AI infrastructure, announcing plans in February 2026 to raise $300 million through convertible senior notes to fund datacenter expansion.

Bitcoin Treasury Position

Last month, Bitdeer zeroed out its modest bitcoin holdings as part of financing efforts, though CEO Wu stated the company intends to rebuild its bitcoin treasury over time.

Market Context

Mining Industry Dynamics

The launch comes amid historically elevated Bitcoin network difficulty, though hashrate dipped to an average monthly 733.13 EH/s in February 2026, down from a record high above 927 EH/s in January. Institutional mining firms are increasingly focused on operational efficiency and predictable hardware performance amid volatile energy costs across major mining regions.

Stock Performance

Bitdeer shares responded positively to the announcement, climbing approximately 9% intraday on March 16. The stock is now up over 30% year-to-date, reflecting investor optimism about the company’s hardware diversification strategy.

Recent Operating Metrics

In its last monthly update (December 2025), Bitdeer reported:

Total hash rate under management: 71 EH/s

Self-mining hashrate: 55.2 EH/s

Hosted rigs: 15.8 EH/s

The company continues to mine and sell its current bitcoin output, recording a sale of 158.8 mined BTC on March 14, 2026.

Legal Context

Bitdeer is currently facing a securities class-action lawsuit in the U.S. District Court for the Southern District of New York over alleged misrepresentations about its SEAL04 chip development timeline.

Frequently Asked Questions

What cryptocurrencies can the SEALMINER DL1 Air mine?

The DL1 Air is designed for Scrypt algorithm blockchains, supporting Litecoin (LTC), Dogecoin (DOGE), Bellscoin (BELLS), Junkcoin (JKC), Luckycoin (LKY), and Pepecoin (PEP). Through merged mining functionality, Scrypt machines mining Litecoin automatically validate Dogecoin transactions at no additional operational cost.

What are the key technical specifications of the new miner?

The SEALMINER DL1 Air delivers 25 GH/s hashrate with 149 J/GH power efficiency, consuming approximately 3,725 watts. It features multiple operating modes including a Low Power Mode achieving 20.5 GH/s at 136 J/GH. The unit operates in temperatures from -20°C to 50°C, humidity from 10% to 90%, and altitudes up to 2,000 meters, with a weight of 15.5 kg.

Why did Bitdeer’s stock rise following the announcement?

Investors responded positively to Bitdeer’s reentry into the Scrypt mining market, viewing the DL1 Air as a strategic diversification beyond Bitcoin-focused hardware. The launch positions Bitdeer to capture demand from institutional mining operations seeking efficient Scrypt solutions amid volatile energy costs and potentially benefit from the “one investment, two returns” dynamic of merged LTC/DOGE mining.