{"id":74760,"date":"2026-03-03T17:31:33","date_gmt":"2026-03-03T17:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74760"},"modified":"2026-03-03T17:31:33","modified_gmt":"2026-03-03T17:31:33","slug":"eric-trumps-american-bitcoin-expands-mining-by-12-but-abtc-plunges-7","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74760","title":{"rendered":"Eric Trump&#8217;s American Bitcoin Expands Mining By 12% But ABTC Plunges 7%"},"content":{"rendered":"<div>\n<p><strong>American Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"ABTC\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/ABTC\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ABTC\">ABTC<\/a>) purchased 11,298 ASIC miners adding 3.05 exahash per second to expand owned capacity by 12% to 28.1 EH\/s, but the stock plunged 7%, breaking below the critical $1 psychological level.<\/p>\n<h3 class=\"wp-block-heading\">The 12% Capacity Expansion<\/h3>\n<p>The new machines are more <a href=\"https:\/\/www.prnewswire.com\/news-releases\/american-bitcoin-expands-mining-capacity-by-an-anticipated-12-in-ehs-with-11-298-additional-asics-302702109.html\">efficient<\/a> at 13.5 joules per terahash compared to the fleet average of 16 J\/TH. Lower joule ratings mean less electricity cost per Bitcoin mined.\u00a0<\/p>\n<p>The equipment will be deployed in March 2026 at the Drumheller site in Alberta.<\/p>\n<p>Once operational, the company will run 58,999 miners at roughly 25 EH\/s. The difference between owned capacity (28.1 EH\/s) and operational capacity (25 EH\/s) exists because some machines are not yet energized or deployed at active sites.<\/p>\n<p>For context, the largest public <strong>Bitcoin<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) miners currently operate around 50 EH\/s, making American Bitcoin roughly half &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51008986\/eric-trumps-american-bitcoin-expands-mining-by-12-but-abtc-plunges-7?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Eric\" trump american bitcoin expands mining by but abtc plunges>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>American Bitcoin (NASDAQ:ABTC) purchased 11,298 ASIC miners adding 3.05 exahash per second to expand owned capacity by 12% to 28.1 EH\/s, but the stock plunged 7%, breaking below the critical $1 psychological level. The 12% Capacity Expansion The new machines are more efficient at 13.5 joules per terahash compared to the fleet average of 16 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74760","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74760"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74760\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}