American Bitcoin purchases 11,298 mining rigs to raise hashrate by 12%

American Bitcoin Corp announced on March 3rd that it has purchased 11,298 mining rigs, enhancing its hashrate by 12%. Each rig’s efficiency of 13.5 J/TH will improve overall mining efficiency.

The company’s expansion at the Drumheller mining farm aims to maintain Bitcoin acquisition costs below the spot price, with deployment expected to conclude by March 2026.

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