American Bitcoin recently completed a fresh procurement of mining rigs, acquiring 11,298 next-gen ASIC units in a single batch. Once fully deployed, these machines will add roughly 3.05 EH/s to the company’s total hashrate, bringing its self-mined power to about 28.1 EH/s across a fleet of 89,242 rigs.
The new equipment is slated for installation in March at the Drumheller site in Alberta, Canada. The facility was suspended in March 2024 by partner Hut 8 due to high power costs and unstable grid voltage, and its efficient machines were redeployed to the Medicine Hat mine. Although some legacy units were retired, the Drumheller lease was maintained as a strategic reserve for future expansion.
Earlier this year, local media noted construction activity at the site, sparking speculation that it might pivot to an AI data center. However, the company now confirms Drumheller will restart solely as a dedicated Bitcoin mining farm rather than shifting toward other compute uses.
Technical analysis suggests the new fleet closely matches Bitmain’s Antminer S21 XP model, delivering about 270 TH/s per unit with an energy efficiency near 13.5 J/TH—among the industry’s leading figures. The company says the expansion aligns with its long-term strategy: deploying high-efficiency hardware to accumulate Bitcoin while optimizing power costs, especially when market prices are subdued.
Bitcoin’s network difficulty continues to approach record highs as competition intensifies. While some North American miners explore AI and high-performance computing, American Bitcoin remains committed to large-scale BTC mining, with the Drumheller restart underscoring that strategic focus.