Eric Trump Launches Major Bitcoin Mining Operation
November 30, 202556 AufrufeLesezeit: 1 Minuten
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Eric Trump, son of former U.S. President Donald Trump, recently introduced one of the largest Bitcoin mining facilities globally in a brief video posted on the platform "X." He invited interested parties to join his publicly traded company, "American Bitcoin" (ABTC).
Eric noted that the facility houses around 35,000 liquid-cooled servers, which can mine approximately 2% of the Bitcoin produced daily. He stated, "Bitcoin is not just an intangible asset; these servers and devices are very tangible."
"American Bitcoin" was established through the merger of "American Data Centers" and "Hut 8," with Eric and his brother Donald Trump Jr. holding about 20% of the company. "Hut 8" oversees the technical operations with a fleet of 61,000 mining devices.
Additionally, the Trump family founded "World Liberty Financial" shortly before the former president's second term, which issues a stablecoin called "WLFI" backed by the U.S. dollar. Furthermore, the "Trump Media & Technology Group" invested $2 billion in Bitcoin last July, increasing its holdings to 11,500 Bitcoin.
Eric noted that the facility houses around 35,000 liquid-cooled servers, which can mine approximately 2% of the Bitcoin produced daily. He stated, "Bitcoin is not just an intangible asset; these servers and devices are very tangible."
"American Bitcoin" was established through the merger of "American Data Centers" and "Hut 8," with Eric and his brother Donald Trump Jr. holding about 20% of the company. "Hut 8" oversees the technical operations with a fleet of 61,000 mining devices.
Additionally, the Trump family founded "World Liberty Financial" shortly before the former president's second term, which issues a stablecoin called "WLFI" backed by the U.S. dollar. Furthermore, the "Trump Media & Technology Group" invested $2 billion in Bitcoin last July, increasing its holdings to 11,500 Bitcoin.
