Shock in the Mining World ⛏️ and Millions of Dollars at Stake
💸
! A cryptocurrency mining company linked to #ترامب
🇺🇸
Makes a huge purchase before the imposition of tariffs on Chinese equipment
🐉
🟢AmericanBitcoinCorp, linked to the Donald Trump family, paid
💰
$314 million to buy 16,290 AntminerU3S21EXPH devices from the Chinese mining giant Bitmain.
🟢This massive investment🚀
Gives the company immense mining power of about 14.02 #exahashes per second.
🟢The deal came before the Trump administration imposed tariffs
🚧
On Chinese mining equipment, in a move aimed at supporting domestic production
🇺🇸.
🟢For its part, #Bitmain
🇨🇳
Plans to open its first production site in the United States
🇺🇸
In 2026 to avoid these taxes, and perhaps @BinanceArabic can benefit from this move!
🟢Analysts indicate that this deal shows AmericanBitcoinCorp's confidence in the profitability of the mining sector despite the fluctuations in the price of $BTC and increasing competition, while Bitmain proves its ability to adapt to economic and political pressures