American Bitcoin ($ABTC) Activates 11,000 New Bitcoin Miners, Expanding Hashrate Capacity
Summary
American Bitcoin (ABTC) has successfully energized 11,298 new ASIC miners at its Drumheller site, increasing its operational hashrate by 3.05 exahashes per second (EH/s). This expansion brings the company's total active fleet to approximately 25.0 EH/s across nearly 59,000 machines, with an overall operational efficiency of 14.1 J/TH. The move is part of a broader strategy, led by co-founder Eric Trump, to aggressively scale Bitcoin holdings while maintaining cost efficiency. Following the announcement, ABTC shares experienced a double-digit surge in early trading, bolstered by rising Bitcoin prices and the company's commitment to holding self-mined assets.
(Source:Bitcoin Magazine)