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Reading: Is the Direction Changing in Bitcoin Mining? New Move from Eric Trump’s Company
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EdaFace Newsfeed > Latest News > Crypto News > Is the Direction Changing in Bitcoin Mining? New Move from Eric Trump’s Company
Crypto News

Is the Direction Changing in Bitcoin Mining? New Move from Eric Trump’s Company

vitalclick
Last updated: March 4, 2026 7:56 am
20 hours ago
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Contents
New Devices and Capacity IncreaseStrategic DifferencesEconomic Risks and Expectations

US-based Bitcoin mining company American Bitcoin Corp. announced that it purchased a total of 11,298 new mining devices. With this acquisition, the company’s total hash rate reached 28.1 exahash, while the capacity increased by approximately 12 percent. The statement came at a time when the two leading mining companies in the industry were turning to artificial intelligence data centers by selling Bitcoin.

New Devices and Capacity Increase

All of the new ASIC devices ordered by the company will be put into operation at the Drumheller facility in Canada during March 2026. These devices consume approximately 13.5 joules of energy per terahash, offering higher efficiency than the current company average. With the addition of new equipment, average energy efficiency across the entire fleet increased to 16.0 joules/terahash. After this capacity increase, the company’s total number of devices reached 89,242.

Strategic Differences

The company’s two biggest competitors began to follow a different path on similar days. MARA Holdings announced that it could sell all its Bitcoin and ended its HODL policy. Core Scientific, on the other hand, announced that it will sell a large portion of its Bitcoin and transfer the income it will earn to artificial intelligence projects. These two companies highlight the potential returns expected from artificial intelligence instead of the revenues from Bitcoin mining.

American Bitcoin Corp. In this process, it continues its strategy of accumulating Bitcoin. Eric Trump stated that the company is focused on increasing Bitcoin mining capacity, managed with American capital and installed in the United States. It was also stated that the American emphasis on Bitcoin ownership carries both a business strategy and a political stance.

Eric Trump explained that the growing fleet was created with the goal of leadership in the future of the Bitcoin network in the United States.

Eric Trump, a member of the Trump family, is among the founders of the company. The company’s statements aim to give American capital a greater say in the Bitcoin ecosystem, compared to competitors’ artificial intelligence projects growing with Asian-made hardware and foreign investment.

Economic Risks and Expectations

This investment, made at a time when the Bitcoin price is around $67,000, is based on the expectation that mining revenue will remain profitable within the current industry standard cost range of $45,000-$50,000. MARA and Core Scientific, on the other hand, changed direction, thinking that the income from artificial intelligence data centers was more attractive than Bitcoin mining.

American Bitcoin Corp. disagrees with this assessment. The number of Bitcoins the company holds on its balance sheet as of the beginning of March 2026 is over 6,000. This equates to a value of around $402 million at current prices. While the company continues its long-term Bitcoin accumulation strategy, it has not yet shared its financial statements with the public. Whether this strategy will be successful or not will depend on the course of Bitcoin price in the coming period.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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