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The Trump family has entered the mining circle and established a joint venture to establish American Bitcoin. What is its development path?
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In the first phase, American Bitcoin will take over the 10 EH/s mining machines transferred by Hut 8, with an average efficiency of about 21.2 J/TH. This part of computing power will become the cornerstone of the company's expansion.
In the second phase, Hut 8 plans to activate a super-large site, execute a signed purchase option, deploy 15 EH/s U3S21EXPH devices at the site, and sell these ASICs to American Bitcoin. These devices run on Hut 8's self-developed liquid cooling architecture, which will increase the total computing power to about 25 EH/s and reduce the efficiency to about 16.3 J/TH.
In the third phase, American Bitcoin will further acquire and activate another site that has obtained exclusive rights in the Hut 8 pipeline, and deploy an additional 10+ EH/s U3S21EXPH mining machines, bringing the total computing power to 35+ EH/s and reducing the efficiency to less than 16 J/TH.
In the fourth phase, this model will be replicated at another site where exclusive rights are already held, adding a Bitmain U3S21EXPH mining machine with 15+ EH/s to achieve the ultimate goal: 50+ EH/s, with an overall efficiency of less than 15 J/TH. Officials said that American Bitcoin's preliminary roadmap shows a replicable, capital-efficient growth strategy with clear investment, orderly execution, and each round of deployment can bring compound learning and optimization.
BTW, in order to ensure operational synergy and cost advantages, Hut 8 and American Bitcoin signed three key agreements, namely Colocation Agreement, Managed Services Agreement, and Shared Services Agreement.
