MASHINIi

Bitdeer Technologies Group.

BTDR.US | Data processing, hosting and related activities

Bitdeer Technologies Group is a technology company primarily focused on cryptocurrency mining. It provides cryptocurrency mining solutions, including cloud hosting services for miners, equipment sales, and mining pool operations. The company aims to offer comprehensive services to cryptocurrency min...Show More

Ethical Profile

Mixed.

Bitdeer Technologies Group's ethical standing is mixed, largely due to its environmental impact. Critics note its crypto mining operations allegedly generated 725,000 tons of CO2 annually, linked to PM2.5 pollution affecting 1.9 million Americans. Conversely, Bitdeer reports 65% renewable energy usage in 2023, with US facilities using 100% hydroelectric power. The company reduced carbon emissions by 400,000 tons in 2023 and targets over half its 1.6 GW capacity from renewables by Q2 2025. However, comprehensive Scope 1, 2, 3 emissions data and a net-zero target are unavailable. Details on fair pay, ethical sourcing, and community impact are largely insufficient.

Value Scores

Better Health for All-40
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-40

Bitdeer's Bitcoin mining operations contribute to significant health-harming externalities. A specific Bitdeer facility, using 170 MW of power, relies on 96% fossil fuels and is responsible for 725,000 tons of CO2 emissions annually.

1
More broadly, 34 large Bitcoin mines in the US, including Bitdeer's, consumed 32.3 terawatt-hours of electricity from August 2022 to July 2023, with 85% from fossil fuels.
2
This activity led to an estimated 1.9 million Americans being exposed to ≥0.1 μg/m³ of additional PM2.5 pollution, with some regions experiencing concentrations ≥0.5 μg/m³.
3

Fair Money & Economic Opportunity

0

No evidence available to assess Bitdeer Technologies Group on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

20

Bitdeer Technologies Group has an employee recommendation rate of 82%.

1
Employee reviews on Glassdoor, based on 23 anonymous reviews, show an average rating of 3.7 out of 5 stars.
2
Specific ratings include 3.8 out of 5 for culture and values, work/life balance, and compensation and benefits, and 4.1 out of 5 for senior management.
3
One employee provided a 100% CEO approval rating.
4

Fair Trade & Ethical Sourcing

0

No quantitative data related to Bitdeer Technologies Group's fair trade and ethical sourcing practices, such as fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk index, or supplier diversity spend, was found in the provided articles.

1

Honest & Fair Business

0

Bitdeer Group has implemented strict know-your-customer (KYC) and know-your-transaction (KYT) procedures for all clients.

1
The company has also established an internal compliance committee, comprising departments such as Information Security, Risk Management, Anti-Money Laundering Supervision, and Legal, to research relevant laws, formulate management guidelines, and upgrade systems to ensure compliance with local regulatory frameworks.
2

Kind to Animals

0

No evidence available to assess Bitdeer Technologies Group on Kind to Animals.

No War, No Weapons

0

No specific, concrete evidence was found in the provided articles to assess BTDR.US against any of the KPIs for the 'No War, No Weapons' ethical value. The articles either discuss general industry topics, other companies, or provide high-level corporate governance information without specific metrics related to arms, defense, dual-use technologies, peacebuilding, or conflict-related supply chain practices for BTDR.US.

Planet-Friendly Business

-30

In 2023, Bitdeer sourced 54% of its operational energy from carbon-neutral renewable sources.

1
Specific facilities in the US and Norway utilize 100% and 95% hydroelectric energy, respectively.
2
The company also secured fixed-price, carbon-free electricity for its Gedu datacenter in Bhutan from April 2024 to the end of the year.
3
The company had zero major environmental compliance violations reported.
4

Respect for Cultures & Communities

0

No evidence available to assess Bitdeer Technologies Group on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Bitdeer Technologies Group on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess Bitdeer Technologies Group on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.