Hut 8 Mining, which has made a new breakthrough in the field of Bitcoin mining, and Eric #TRUMP , the son of US President Donald Trump, announced that American Bitcoin mining companies are up for sale.
#Hut8 , as a major player in energy and digital systems, aims to revolutionize the field of Bitcoin mining by establishing American Bitcoin. With Eric Trump's contributions, this new venture plans to make the company's mining operations more efficient and more streamlined.
Eric Trump expressed his belief in the future of the venture by saying, "By partnering with Hut 8, we will strengthen our passion for Bitcoin and decentralized finance."
American Bitcoin aims to increase its breadth in the sector by using Hut 8's existing mining infrastructure and create a Bitcoin reserve. Hut 8 plans to create strong sources of income with long-term agreements that will meet the infrastructure and needs of this new company.
A new era begins: High efficiency in Bitcoin mining
American Bitcoin's goal is to make the largest and most efficient Bitcoin in the world. According to this goal, they plan to reach 50+ EH/s hash and mine with low energy consumption. The company also aims to become a public company.
This planning move makes Hut 8’s mining operations more autonomous and allows both companies to focus on a certain way. Hut 8 CEO Asher Genoot stated that this step allows the company to be more plannable and achieve lower operations.