The company activated 11,298 Bitcoin miners at its Drumheller facility, adding 3.05 EH/s of hash rate (mining computing power) and lifting total owned capacity to 28.1 EH/s.
Trump-backed ABTC shares climbed more than 13% after the company switched on 11,298 Bitcoin miners at its Drumheller facility. The expansion added 3.05 EH/s of hash rate (mining computing power), increasing ABTC’s total owned capacity to 28.1 EH/s. The company said it is focused on accumulating Bitcoin at below-market costs, a strategy commonly used by miners that seek to produce Bitcoin directly rather than buying it on the open market. Higher hash rate generally increases a miner’s ability to compete for block rewards, making capacity growth a key operating metric in the Bitcoin mining sector.