Close Menu
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
  • Home
  • News
    • Politics
    • Legal & Courts
    • Tech & Big Tech
    • Campus & Education
    • Media & Culture
    • Global Free Speech
  • Opinions
    • Debates
  • Video/Live
  • Community
  • Freedom Index
  • About
    • Mission
    • Contact
    • Support
Trending

Corporates and Exchanges Rush to Stake Ethereum Instead of Selling

5 minutes ago

Forever Wars

39 minutes ago

BTC rebounds toward $70,000 as ETFs pull in $1.45 billion in five days

1 hour ago
Facebook X (Twitter) Instagram
Facebook X (Twitter) Discord Telegram
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
Market Data Newsletter
Wednesday, March 4
  • Home
  • News
    • Politics
    • Legal & Courts
    • Tech & Big Tech
    • Campus & Education
    • Media & Culture
    • Global Free Speech
  • Opinions
    • Debates
  • Video/Live
  • Community
  • Freedom Index
  • About
    • Mission
    • Contact
    • Support
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
Home»Cryptocurrency & Free Speech Finance»Trump Family-backed American Bitcoin (ABTC) expands mining fleet 12% as rivals pivot toward AI
Cryptocurrency & Free Speech Finance

Trump Family-backed American Bitcoin (ABTC) expands mining fleet 12% as rivals pivot toward AI

News RoomBy News Room3 hours agoNo Comments1 Min Read1,452 Views
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Trump Family-backed American Bitcoin (ABTC) expands mining fleet 12% as rivals pivot toward AI
Share
Facebook Twitter Pinterest Email Copy Link

Listen to the article

0:00
0:00

Key Takeaways

Playback Speed

Select a Voice

As many publicly traded bitcoin miners shift their business plans and capital into AI infrastructure, the Trump family-backed American Bitcoin (ABTC) is doubling down on BTC mining.

The company announced Tuesday the purchase of 11,298 ASIC miners, a move that it said will increase its mining capacity by approximately 12%.

Read more: End of bitcoin ‘HODL’: public miners going all-in on AI, signaling more BTC selling

The miners are scheduled for delivery and deployment in March 2026 at its Drumheller site, located in Alberta, Canada.

Based on current network data, the added 3.05 EH/s would account for about 0.3% of global hashrate. That share could produce roughly 42 bitcoin per month, or about 515 bitcoin per year. At a bitcoin price near $68,000, that equals around $2.9 million in monthly gross revenue and about $35 million annually, before power costs, fees and difficulty changes.

“As bitcoin matures, the priority is clear: grow an American-owned, professionally operated hashrate,” said Eric Trump, co-founder and chief strategy officer at American Bitcoin. “That’s how we protect the network, drive innovation, and lead the future of bitcoin in America.”

ABTC shares are lower by 2.6% to $0.99 in Tuesday trading.

Read the full article here

Fact Checker

Verify the accuracy of this article using AI-powered analysis and real-time sources.

Get Your Fact Check Report

Enter your email to receive detailed fact-checking analysis

5 free reports remaining

Continue with Full Access

You've used your 5 free reports. Sign up for unlimited access!

Already have an account? Sign in here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
News Room
  • Website
  • Facebook
  • X (Twitter)
  • Instagram
  • LinkedIn

The FSNN News Room is the voice of our in-house journalists, editors, and researchers. We deliver timely, unbiased reporting at the crossroads of finance, cryptocurrency, and global politics, providing clear, fact-driven analysis free from agendas.

Related Articles

Cryptocurrency & Free Speech Finance

Corporates and Exchanges Rush to Stake Ethereum Instead of Selling

5 minutes ago
Cryptocurrency & Free Speech Finance

BTC rebounds toward $70,000 as ETFs pull in $1.45 billion in five days

1 hour ago
Cryptocurrency & Free Speech Finance

Trump Hits Out at Banks Over Stalled Crypto Bill

1 hour ago
Cryptocurrency & Free Speech Finance

Trump Urges Congress to Move on Crypto Rules Amid Banking Clash

1 hour ago
Cryptocurrency & Free Speech Finance

BOJ explores tokenized central bank money as 2026 digital yen decision looms

2 hours ago
Cryptocurrency & Free Speech Finance

Digital Finance Could Deliver $17 Billion Annual Boost for Australia

2 hours ago
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Forever Wars

39 minutes ago

BTC rebounds toward $70,000 as ETFs pull in $1.45 billion in five days

1 hour ago

Trump Hits Out at Banks Over Stalled Crypto Bill

1 hour ago

Trump Urges Congress to Move on Crypto Rules Amid Banking Clash

1 hour ago
Latest Posts

The Sanders-Khanna ‘Billionaire Tax’ Would Make All Americans Poorer

2 hours ago

BOJ explores tokenized central bank money as 2026 digital yen decision looms

2 hours ago

Digital Finance Could Deliver $17 Billion Annual Boost for Australia

2 hours ago

Subscribe to News

Get the latest news and updates directly to your inbox.

At FSNN – Free Speech News Network, we deliver unfiltered reporting and in-depth analysis on the stories that matter most. From breaking headlines to global perspectives, our mission is to keep you informed, empowered, and connected.

FSNN.net is owned and operated by GlobalBoost Media
, an independent media organization dedicated to advancing transparency, free expression, and factual journalism across the digital landscape.

Facebook X (Twitter) Discord Telegram
Latest News

Corporates and Exchanges Rush to Stake Ethereum Instead of Selling

5 minutes ago

Forever Wars

39 minutes ago

BTC rebounds toward $70,000 as ETFs pull in $1.45 billion in five days

1 hour ago

Subscribe to Updates

Get the latest news and updates directly to your inbox.

© 2026 GlobalBoost Media. All Rights Reserved.
  • Privacy Policy
  • Terms of Service
  • Our Authors
  • Contact

Type above and press Enter to search. Press Esc to cancel.

🍪

Cookies

We and our selected partners wish to use cookies to collect information about you for functional purposes and statistical marketing. You may not give us your consent for certain purposes by selecting an option and you can withdraw your consent at any time via the cookie icon.

Cookie Preferences

Manage Cookies

Cookies are small text that can be used by websites to make the user experience more efficient. The law states that we may store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies, we need your permission. This site uses various types of cookies. Some cookies are placed by third party services that appear on our pages.

Your permission applies to the following domains:

  • https://fsnn.net
Necessary
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
Statistic
Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Preferences
Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.