The Trump family-backed mining company American Bitcoin has acquired 11,298 additional ASIC mining machines. This addition will raise its overall mining capacity by nearly 12%.
According to the company, the new equipment will be delivered and set up at its mining center in Drumheller, Alberta, Canada, in March 2026.
The additional equipment is anticipated to increase the company’s computational capability by about 3.05 exahashes per second (EH/s) once it is fully installed.
With the addition of new capabilities, the company will be able to mine about 42 BTC a month, or roughly 515 BTC annually. This might bring in about $35 million a year at a Bitcoin price close to $68,000, excluding electricity and other running costs.
Eric Trump, co-founder and chief strategy officer of American Bitcoin, has said that expanding U.S.-owned mining capacity is essential for the long-term security and independence of the Bitcoin network.
His comments come at a time when several publicly traded mining companies are shifting resources toward artificial intelligence infrastructure from the traditional Bitcoin mining. American Bitcoin appears to be taking a different approach by doubling down on mining operations.
By continuing to invest in hardware and infrastructure, the company is positioning itself to benefit if Bitcoin demand and network activity continue to grow in the coming years.
You need to login in order to Like










Leave a comment