"Scaling hashrate is one of the ways we strengthen our position in Bitcoin. The deployment reflects a strategy focused on disciplined capital allocation and rapid execution to grow Bitcoin exposure at scale."
"The newly deployed machines operate at an efficiency of roughly 13.5 joules per terahash, improving the overall performance of the fleet. Post-expansion, the company's operational efficiency averages around 14.1 J/TH."
American Bitcoin Corp. completed the energization of 11,298 new ASIC miners, boosting its operational capacity to approximately 25.0 EH/s. The new machines enhance efficiency, operating at 13.5 joules per terahash. The company now owns about 89,242 miners, positioning itself as a significant player in the Bitcoin mining sector. The announcement led to a surge in ABTC shares, reflecting investor confidence in operational growth and rising Bitcoin prices. American Bitcoin focuses on self-mining to accumulate Bitcoin at costs below market prices.
Read at Bitcoin Magazine
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