Crypto
Eric Trump's American Bitcoin Sets New Mining Record Amid Production Cost Debate
American Bitcoin, a company led by Eric Trump, has set a new record for Bitcoin mining in the second quarter of 2026. The company mined approximately 932 BTC during this period, surpassing its previous best result.
The feat was achieved thanks to a fleet of around 90,000 machines running at full capacity, with daily production ranging between 11 and 13 BTC. Eric Trump revealed that the company's gross margins are around 49%.
However, Forbes disputes these figures, estimating the production cost to be closer to $90,000 per BTC, compared to American Bitcoin's reported $57,000. The discrepancy has raised questions about the true profitability of mining and the company's strategy.