#mining-efficiency

#mining-efficiency

The Miami-based miner, which became a standalone public entity after spinning out from Hut 8 and merging with Gryphon Digital Mining, has aggressively scaled its operations. During Q3, American Bitcoin expanded its mining capacity roughly 2.5 times to 25 exahash per second (EH/s), with its fleet achieving an efficiency of 16.3 joules per terahash (J/TH). The company's scalable, "asset-light" mining approach allowed it to generate bitcoin below market prices, while disciplined at-market purchases contributed to wider profit margins.