Hut 8 CEO Asher Genoot shared plans for American Bitcoin, a venture aimed at dominating U.S. Bitcoin mining. The initiative seeks to create a cost-effective and efficient mining operation while holding over 10,000 BTC, with future goals of public listing.
Genoot emphasizes the importance of mining efficiency and the potential to grow in a shifting market post-China’s crackdown. The backing from Trump family members is seen as a pivotal factor in executing their ambitious plans.
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