Bitdeer Technologies (BTDR) has officially overtaken Marathon Digital (MARA) to become the world's largest Bitcoin self-miner by hash rate capacity. According to a recent report from JPMorgan analysts, Bitdeer's mining power reached a significant milestone of 63.2 EH/s, securing its top position in the industry. This shift marks a major change in the competitive landscape of the cryptocurrency mining sector as Bitdeer successfully scales its global infrastructure. Despite this fundamental achievement, Bitdeer's stock experienced a 5.95% decline during Tuesday's trading session amid broader market volatility. Nevertheless, market analysts continue to maintain "Buy" ratings on the stock, citing the company's dominant operational status and long-term growth potential. The achievement highlights Bitdeer's growing influence and its ability to outpace established industry leaders in the crypto mining space.
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