
{"id":140594,"date":"2026-03-08T21:49:08","date_gmt":"2026-03-08T21:49:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=140594"},"modified":"2026-03-08T21:49:08","modified_gmt":"2026-03-08T21:49:08","slug":"trump-linked-american-bitcoin-adds-11298-asics-boosts-hashrate","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=140594","title":{"rendered":"Trump-Linked American Bitcoin Adds 11,298 ASICs, Boosts Hashrate"},"content":{"rendered":"<p>American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment.<\/p>\n<p>The acquisition is expected to increase the company\u2019s total capacity by 12%, supporting its strategy of accumulating BTC through mining operations.<\/p>\n<h2>The 12% Capacity Expansion<\/h2>\n<p>ABTC <a href=\"https:\/\/www.prnewswire.com\/news-releases\/american-bitcoin-expands-mining-capacity-by-an-anticipated-12-in-ehs-with-11-298-additional-asics-302702109.html\">said<\/a> in a March 3 press release that the new miners will add 3.05 exahash per second (EH\/s) to its owned capacity, with the machines scheduled for deployment in March 2026 at the Drumheller site in Alberta, Canada.<\/p>\n<p>Each unit is expected to operate at an efficiency rate of approximately 13.5 joules per terahash (J\/TH), compared with the company\u2019s current fleet average of 16 J\/TH.<\/p>\n<p>\u201cAs Bitcoin matures, the priority is clear: grow American-owned, professionally operated hashrate,\u201d said co-founder Eric Trump. \u201cThat\u2019s how we protect the network, drive innovation, and lead the future of Bitcoin in America.\u201d<\/p>\n<p>Following this purchase, American Bitcoin\u2019s owned fleet will increase by 12% to 89,242 miners, representing about 28.1 EH\/s of total owned capacity. The managed fleet contains all miners held by the company, including units that may not currently be operational.<\/p>\n<p>Once the new equipment is online, the working fleet will comprise 58,999 miners delivering around 25.0 EH\/s with an average efficiency of approximately 14.1 J\/TH. For comparison, the largest publicly listed BTC miners currently operate at roughly 50 EH\/s.<\/p>\n<h2>Bitcoin Accumulation Strategy<\/h2>\n<p>Matt Prusak, president of ABTC, said the company makes every decision to maximize its accumulation of the OG cryptocurrency. The miner firm previously <a href=\"https:\/\/www.prnewswire.com\/news-releases\/american-bitcoin-reports-fourth-quarter-and-full-year-2025-results-302697789.html\">reported<\/a> that it ended 2025 with 5,041 BTC on its balance sheet, which has since grown to more than 6,000 BTC.<\/p>\n<p>He also explained that the firm\u2019s fleet strategy focuses on deploying high-efficiency hardware, optimizing energy costs, and maintaining the flexibility to scale operations in response to network and market conditions.<\/p>\n<p>Following the recent deployment of high-efficiency machines, the company aims to produce BTC at a structurally advantaged cost basis and grow its total holdings per share through disciplined mining operations and capital allocation.<\/p>\n<p>Meanwhile, the expansion comes when several public miners are <a href=\"https:\/\/cryptopotato.com\/bitcoin-miner-core-scientific-partners-with-ai-firm-forecasts-3-5-billion-in-revenue\/\">redirecting<\/a> capital and infrastructure toward AI workloads. Companies such as Core Scientific, Riot Platforms, Cipher Mining, and Bitdeer have <a href=\"https:\/\/cryptopotato.com\/bitcoin-miner-riot-platforms-achieves-109-4m-profit-reversing-2023-loss\/\">repurposed<\/a> parts of their data center capacity to support the technology.<\/p>\n<p>American Bitcoin itself <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1755953\/000119312526073305\/abtc-ex99_1.htm\">reported<\/a> a net loss of $59.45 million in the fourth quarter of 2025, compared to a $3.48 million profit a year earlier.<\/p>\n<p>For the three months ending December 31, the company\u2019s revenue was $78.3 million, up from $64.2 million during the same period last year, but slightly lower than the $79.6 million analysts had anticipated.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/trump-linked-american-bitcoin-adds-11298-asics-boosts-hashrate\/\">Trump-Linked American Bitcoin Adds 11,298 ASICs, Boosts Hashrate<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company\u2019s total capacity by 12%, supporting its strategy of accumulating BTC through mining operations. The 12% Capacity Expansion ABTC said in a March 3 press release that the new miners will add 3.05 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":140595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-140594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/140594"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=140594"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/140594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/140595"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=140594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=140594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=140594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}