Cryptopolitan
2025-11-12 15:39:44

Fire damages two buildings at Bitdeer’s new Bitcoin mining site in Ohio

A fire has damaged two buildings at Bitdeer’s under-construction Bitcoin mining complex in Massillon, Ohio. The incident, which occurred during welding operations amid high winds, caused no injuries. Bitdeer’s chairman and chief executive officer, Jihan Wu, confirmed the fire on X (formerly Twitter), writing, “Two buildings (of 26) down and no people hurt. Senior management team is running there and will investigate further.” Construction accident could affect Bitdeer’s plans He later clarified that the blaze was caused by welding operations that, fanned by strong winds, spread quickly to another structure. “The fire has been put out,” Wu added. “Whether the transformers were damaged or not will need to be further checked. Buildings need to be replaced with new ones.” According to reports, the incident occurred before any mining equipment had been installed. The affected buildings were still under construction, so the operational impact on existing mining output would be minimal. However, the damage to infrastructure and potential delays in equipment installation are likely to affect the company’s near-term growth plans. Expanding footprint in North America Bitdeer has been one of the most aggressive Bitcoin miners expanding into the United States, operating data centers across Texas, Norway and Bhutan, since it went public on Nasdaq in 2023. Its Ohio facility ws also touted as a strategic step toward scaling up its North American presence. The Massillon site, which has 26 planned buildings, is expected to house thousands of ASIC mining machines and provide over 200 megawatts of computing power once fully operational. The company, for most of its existence, has been known for supplying hardware to Bitcoin miners. However, Cryptopolitan reported on its plans to scale up its Bitcoin mining operations as demand for mining hardware continues to drop globally. It has reportedly quadrupled its mining capacity. This is coming at a time when many miners and infrastructure providers are pivoting into high-performance computing data centers and AI infrastructure services due to dwindling Bitcoin mining revenues and increasing operational costs. Impact assessment is still in the audit process The fire, while limited in scale, is the first major disruption at the site since construction began and may force the company to revise its rollout timeline. While the company confirmed that no staff were injured and no active mining operations were affected, the incident brings back to light the physical and operational risks facing large-scale Bitcoin miners as they race to build new capacity ahead of the next Bitcoin halving cycle. Construction sites for industrial-scale data centers often involve complex electrical and welding work, and they come with the potential for fire hazards, such as the one reported at Bitdeer’s new Ohio facility. The company has not provided an updated timeline for when operations at the Massillon facility will commence, but indicated that its insurance and safety teams are conducting a detailed inspection. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.