American Bitcoin boosts hashrate with 11,298 new mining machines

The Eric Trump-led company adds 3 EH/s in new capacity, expanding its Alberta mining fleet as it deepens exposure to BTC amid volatile market conditions.

Trump family-backed American Bitcoin said Tuesday it has expanded its fleet of Bitcoin mining machines, increasing its computing capacity as competition among large-scale miners intensifies.

The company has acquired 11,298 new application-specific integrated circuit (ASIC) miners, which are expected to add about 3.05 exahashes per second (EH/s) to its operations once it is deployed at its Drumheller, Alberta site this month.

The purchase will boost American Bitcoin’s fleet size to 89,242 miners, representing about 28.1 EH/s of owned capacity.

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