Bitcoin News Today: American Bitcoin Boosts Mining Power 14.02 EH/s With 16,299 Bitmain ASICs

Generated by AI AgentCoin World
Friday, Aug 15, 2025 1:32 am ET1min read
Aime RobotAime Summary

- American Bitcoin Corp., linked to the Trump family, acquired 16,299 Bitmain Antminers for $314M, boosting its mining capacity by 14.02 EH/s.

- The $314M deal, the largest single-purchase mining transaction in years, reflects growing institutional-grade investment in U.S. Bitcoin mining.

- Bitmain plans a U.S. ASIC manufacturing facility in Florida/Texas to localize production, aligning with American Bitcoin’s expansion amid trade pressures.

- The acquisition raises concerns about network centralization but is expected to enhance Bitcoin’s security through increased mining activity.

American

Corp., a cryptocurrency mining firm with ties to the family, has completed a $314 million purchase of 16,299 Antminer U3S21EXPH units from Bitmain, a leading manufacturer of Bitcoin mining hardware [1]. This acquisition is expected to boost the company’s mining capacity by 14.02 EH/s, significantly enhancing its presence in the U.S. Bitcoin mining industry [2]. The deal, first reported in early July 2025, represents one of the largest single-purchase mining transactions in recent years and underscores a growing trend of institutional-grade investment in the sector [4].

The scale of the acquisition highlights the increasing importance of advanced hardware and strategic partnerships in maintaining a competitive edge in Bitcoin mining [4]. American Bitcoin’s decision to secure nearly 16,300 high-performance ASICs reflects both a long-term belief in Bitcoin’s value and a strategic move to strengthen its market position amid evolving regulatory and geopolitical conditions [5]. The firm’s expansion is also aligned with broader industry trends, where large-scale operations are becoming essential for sustained competitiveness [9].

Bitmain, which has faced trade pressures and supply chain disruptions, has announced plans to establish its first U.S. ASIC manufacturing facility in either Florida or Texas [1]. This development aligns with American Bitcoin’s expansion and suggests a coordinated effort to strengthen the U.S. presence of both companies in the global Bitcoin ecosystem. By localizing production, Bitmain aims to mitigate risks associated with international trade barriers and improve supply chain resilience.

While American Bitcoin has not disclosed specific performance projections, the size of the investment signals a long-term commitment to Bitcoin mining [6]. The addition of 16,299 high-performance mining rigs is expected to increase the firm’s ability to secure a larger share of the block reward distribution [7]. However, no details have been released regarding the environmental impact or logistical arrangements for the new mining operations [8].

The deal also raises questions about the potential for increased network centralization, as a single entity now controls a substantial portion of U.S. Bitcoin mining power. While there are no immediate regulatory responses to the acquisition, the move may prompt future discussions on the implications of concentrated hash rate control [3]. Despite these concerns, the acquisition is expected to contribute to the overall security of the Bitcoin network through enhanced mining activity [1].

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Source:

[1] Cointelegraph - [https://cointelegraph.com/news/trump-american-bitcoin-orders-16k-bitmain-asics-trade-war](https://cointelegraph.com/news/trump-american-bitcoin-orders-16k-bitmain-asics-trade-war)

[2] AInvest - [https://www.ainvest.com/news/bitcoin-news-today-american-bitcoin-buys-16-300-bitmain-miners-14-02-eh-hash-power-expansion-2508/](https://www.ainvest.com/news/bitcoin-news-today-american-bitcoin-buys-16-300-bitmain-miners-14-02-eh-hash-power-expansion-2508/)

[3] TheMinerMag - [https://theminermag.com/news/2025-08-14/abtc-bitcoin-bitmain](https://theminermag.com/news/2025-08-14/abtc-bitcoin-bitmain)

[4] BlockBeats - [https://www.theblockbeats.info/en/flash/307514](https://www.theblockbeats.info/en/flash/307514)

[5] Odaily - [https://www.odaily.news/en/newsflash/443513](https://www.odaily.news/en/newsflash/443513)

[6] MEXC - [https://www.mexc.com/news/american-bitcoin-a-mining-company-backed-by-members-of-the-trump-family-purchased-16299-antminers-from-bitmain/65349](https://www.mexc.com/news/american-bitcoin-a-mining-company-backed-by-members-of-the-trump-family-purchased-16299-antminers-from-bitmain/65349)

[7] TheMinerMag - [https://theminermag.com/](https://theminermag.com/)

[8] Bitget - [https://www.bitget.com/news/detail/12560604913117](https://www.bitget.com/news/detail/12560604913117)

[9] TradingView - [https://www.tradingview.com/news/cointelegraph:5762ad093094b:0-trump-backed-american-bitcoin-orders-16k-bitmain-asics-amid-ongoing-trade-war/](https://www.tradingview.com/news/cointelegraph:5762ad093094b:0-trump-backed-american-bitcoin-orders-16k-bitmain-asics-amid-ongoing-trade-war/)