Bitcoin News Today: American Bitcoin Buys 16,300 Bitmain Miners for 14.02 EH/s Hash Power Expansion

Generated by AI AgentCoin World
Thursday, Aug 14, 2025 9:08 pm ET1min read
Aime RobotAime Summary

- American Bitcoin Corp., linked to the Trump family, finalized a $314M deal to purchase 16,299 Bitmain Antminer units, boosting its hash rate to 14.02 EH/s.

- Bitmain plans to establish its first U.S. ASIC manufacturing facility in Florida or Texas to address trade pressures, aligning with the deal's geopolitical context.

- The acquisition reflects growing institutional-grade Bitcoin mining strategies, emphasizing advanced hardware and strategic partnerships to secure network influence.

- The Trump family's involvement has amplified public scrutiny, highlighting political connections' role in shaping crypto industry dynamics amid regulatory shifts.

American

Corp., a mining firm linked to the family, has finalized a $314 million deal to purchase 16,299 Antminer U3S21EXPH units from Bitmain, providing the firm with a combined hash rate of 14.02 EH/s [1]. The acquisition, first reported in early July 2025 by Cointelegraph, marks a significant step in the company’s strategy to expand its Bitcoin mining operations. The order includes the latest generation of Application-Specific Integrated Circuit (ASIC) miners, which are expected to enhance American Bitcoin’s computing power and efficiency in the network.

The timing of the deal coincides with broader institutional and family-backed interest in Bitcoin infrastructure. The purchase is viewed as a strategic response to both market dynamics and regulatory shifts in the crypto space [3]. American Bitcoin’s affiliation with the Trump family has brought increased public attention to the firm’s activities, highlighting the growing influence of high-profile political connections in the cryptocurrency industry [5].

Bitmain, the manufacturer behind the Antminers, has also announced plans to address trade pressures by establishing its first U.S.-based ASIC manufacturing facility before the end of the year. The company is reportedly considering Florida or Texas as potential locations for its headquarters [1]. This move underscores the broader trend of crypto firms adapting to geopolitical and trade-related challenges by localizing production and operations.

While no performance projections have been officially released by American Bitcoin, the scale of the investment suggests a long-term commitment to maintaining a competitive position in the Bitcoin mining landscape. The procurement of nearly 16,300 high-performance mining rigs is expected to significantly boost the firm’s ability to capture a larger share of the block reward distribution [4]. However, public reports have not yet addressed the environmental and logistical implications of such a large-scale expansion [6].

The deal reflects a continued shift toward institutional-grade mining strategies, where access to advanced hardware and strategic partnerships play a critical role in operational success. As Bitcoin mining becomes increasingly centralized around high-capacity operations, firms like American Bitcoin are positioning themselves to sustain long-term profitability and influence within the network.

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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] Gate.com - [https://www.gate.com/post/status/13052472](https://www.gate.com/post/status/13052472)

[3] Bitget - [https://www.bitget.com/news/detail/12560604913087](https://www.bitget.com/news/detail/12560604913087)

[4] X - [https://x.com/bpaynews/status/1956150****79311660](https://x.com/bpaynews/status/1956150****79311660)

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