Trump Family-Linked Mining Firm American Bitcoin Invests Approximately $314 Million to Purchase 16,299 Antminers
By: theblockbeats.news|2025/08/15 00:52:09
0
Share
BlockBeats News, August 15th, according to Cointelegraph, earlier this month, the Trump family-affiliated mining company American Bitcoin Corp. purchased around 16,299 Antminer U3S21EXPH mining machines from Bitmain for a total price of approximately $314 million, achieving a total hash rate of 14.02 EH/s. To address tariff pressures, Bitmain announced that it will establish its first ASIC manufacturing plant in the United States by the end of the year and is also planning to set up its headquarters in either Florida or Texas.
You may also like
What is liquidation in crypto? Margin calls, health factors, and how positions die
Venezuela entrusts taxes to 'cryptocurrency expert' - is USDT under scrutiny?
US Power Grid Issues Red Alert Amid Heatwave, Is Bitcoin Mining the Scapegoat?
Central Banks, Parliaments, and Atlantic Players at the Euro Stablecoin Table
What are tokenized stocks? How equities are moving on-chain, explained
Zcash Co-founder Wants More Than 21 Million Bitcoins
Bankers Filed Suspicious Activity Report Over Farage's £5M Gift From Tether Billionaire
Analysis: Bitcoin May Enter a Phase of Bottoming Out, Selling Does Not Trigger Panic
BNB Chain builds new Layer 1 for agentic trading, targets 2027 mainnet
Witnesses of South Korea's 'Golden Era': Foreign Capital Profits, Retail Investors Take Over
The Quality of Currency Depends on the Credibility of Its Issuer
How Cryptocurrency Payments Work in Businesses
Is the Storage Cycle Peaking? Here’s a 'Fundamental Psychological Massage' from Bank of America
Upbit operator Dunamu wins bid for South Korea police crypto custody contract
ADI's Hidden Victory: From World Cup Entry to Traditional Financial Ecosystem
Bitcoin is not a stock, nor a company, but a monetary asset
What Are the Best Metals for Investment Besides Gold?
Odaily Editorial Team Tea Talk (July 8)
What is liquidation in crypto? Margin calls, health factors, and how positions die
Venezuela entrusts taxes to 'cryptocurrency expert' - is USDT under scrutiny?
US Power Grid Issues Red Alert Amid Heatwave, Is Bitcoin Mining the Scapegoat?
Central Banks, Parliaments, and Atlantic Players at the Euro Stablecoin Table
What are tokenized stocks? How equities are moving on-chain, explained
Zcash Co-founder Wants More Than 21 Million Bitcoins
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
