American Bitcoin (NASDAQ:ABTC) purchased 11,298 ASIC miners adding 3.05 exahash per second to expand owned capacity by 12% to 28.1 EH/s, but the stock plunged 7%, breaking below the critical $1 psychological level. The 12% Capacity Expansion The new machines are more efficient at 13.5 joules per terahash compared to the fleet average of 16 J/TH.
Eric Trump's American Bitcoin Expands Mining By 12% But ABTC Plunges 7%
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American Bitcoin (NASDAQ:ABTC) purchased 11,298 ASIC miners, adding 3.05 EH/s and expanding owned capacity 12% to 28.1 EH/s; new machines operate at 13.5 J/TH versus the fleet average of 16 J/TH; ABTC stock plunged 7%, falling below $1.
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