American Bitcoin Corp Expands Mining Operations, Stays Committed to Bitcoin

American Bitcoin Corp expands its mining operations to nearly 90,000 machines, significantly improving energy efficiency while maintaining a Bitcoin accumulation strategy, contrasting sharply with competitors shifting to AI.

American Bitcoin Corp is accelerating the expansion of its Bitcoin mining infrastructure, planning to deploy next-generation ASIC miners at its facility in Drummondville, Canada, by March 2026. These advanced devices achieve energy efficiency of 13.5 joules per terahash, significantly below the industry average, pushing the company's overall energy consumption down to 16.0 joules per terahash. Once deployment is complete, the total number of mining machines operated by the company will reach 89,242, marking a substantial expansion in its North American mining footprint.

American Bitcoin Corp Expands Mining Operations, Stays Committed to Bitcoin插图

Meanwhile, the industry landscape is becoming polarized. Major competitors MARA Holdings and Core Scientific have announced the liquidation of their Bitcoin assets, redirecting funds into the artificial intelligence sector, anticipating higher returns from AI projects. However, American Bitcoin Corp remains firmly focused on the long-term accumulation of Bitcoin, emphasizing the strategic value of localized operations.

American Bitcoin Corp Expands Mining Operations, Stays Committed to Bitcoin插图1

Co-founder Eric Trump stated, "We are expanding our mining operations to lead the future development of the Bitcoin network in the U.S. and reduce reliance on external technologies." As one of the core figures in the company, he stressed the importance of U.S. sovereignty in crypto infrastructure.

Currently, Bitcoin prices are hovering around $67,000, and the company believes that as long as the price remains stable between $45,000 and $50,000, mining will continue to be profitable. To date, the company holds over 6,000 Bitcoins, valued at approximately $402 million. Although a complete financial report has not yet been released, its long-term holding strategy is clearly evident—amid the industry's shift towards AI, it chooses to return to the original value proposition of cryptocurrency.

0 comment A文章作者 M管理员
    No Comments Yet. Be the first to share what you think
Profile
Search
🇨🇳Chinese🇺🇸English