{"id":587830,"date":"2026-04-22T20:53:27","date_gmt":"2026-04-22T20:53:27","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/22\/trump-linked-american-bitcoin-energizes-11298-new-asics\/"},"modified":"2026-04-22T20:53:27","modified_gmt":"2026-04-22T20:53:27","slug":"trump-linked-american-bitcoin-energizes-11298-new-asics","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/22\/trump-linked-american-bitcoin-energizes-11298-new-asics\/","title":{"rendered":"Trump-linked American Bitcoin energizes 11,298 new ASICs"},"content":{"rendered":"

\"Trump-linked<\/p>\n

American Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025.<\/p>\n

American Bitcoin (ABTC), a publicly traded mining company co-founded by United States President Donald Trump\u2019s sons, has completed its energization of 11,298 application-specific integrated circuits (ASICs) at its Drumheller site in Alberta, Canada. <\/p>\n

Following the acquisition of machines<\/a>, the company now owns about 89,242 ASICs, the computers used to mine Bitcoin (BTC<\/a>) and other proof-of-work (PoW) cryptocurrencies, according to the company\u2019s announcement<\/a> on Wednesday.<\/p>\n

ABTC\u2019s mining fleet now generates a total of about 28.1 exahashes per second (EH\/s) of computing power, operating at an \u201caverage efficiency\u201d of 16 joules per terahash, the company said.<\/p>\n

Shares of ABTC surged by about 11.7% on Wednesday, rising to about $1.38 per share, according to data from Yahoo Finance.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

American Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025. American Bitcoin (ABTC), a publicly traded mining company co-founded by United States President Donald Trump\u2019s sons, has completed its energization of 11,298 application-specific integrated circuits (ASICs) at its Drumheller site in Alberta, Canada. Following the […]<\/p>\n","protected":false},"author":1,"featured_media":587831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-587830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/587830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=587830"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/587830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/587831"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=587830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=587830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=587830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}