PANews reported on October 10th that Nasdaq-listed Bitdeer Technologies Group (founded by Jihan Wu ) has shifted to in-house Bitcoin mining amid slowing hardware demand. Its proprietary computing power increased approximately fourfold in August compared to the same period last year, and the company plans to continue its expansion into the top five global mining companies. The company's strategy involves selling mining machines to customers while also operating large-scale mining operations on its own equipment, aiming to rapidly increase output and compete directly with its major customers.