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American Bitcoin announces purchase of 11,298 ASIC miners, total hash rate capacity to increase by approximately 12%

1 hours ago

March 3rd (Reuters) — American Bitcoin, a Bitcoin mining firm backed by the Trump family, announced it has purchased 11,298 ASIC miners. Upon completion of the transaction, the company’s total miner count will rise to 89,242, with an aggregate hash rate of approximately 28.1 EH/s — marking a roughly 12% increase in its total hash rate capacity. The new miners are slated for delivery in March 2026 and deployment at the Drumheller site.
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Neo's two co-founders at odds again, Zhang Zheng questioned the embezzlement of public funds

On March 3, following the release of the Neo Foundation’s 2025 fiscal year financial report, co-founders Erik Zhang and Da Hongfei again expressed conflicting views. Da Hongfei stated, “Over the past 12 years, we’ve navigated market cycles, structural shifts, and regulatory changes while evolving continuously. The report clearly outlines our current standing and future direction. Moving forward, clarity and execution will be key to breakthroughs.” Zhang raised doubts about the report, saying, “I only see Neo asset addresses disclosed by contributor Ricardo Prado—no addresses for non-Neo assets were shared. The individual line items in the financial statements cannot be verified. Moreover, it must be emphasized that the size of non-nominal-digit assets held by the Neo Foundation is highly abnormal. Why did the ultimate revenue from the Foundation’s external investments flow to the private firm NGD? This is blatant embezzlement of public funds.” For more details, refer to BlockB

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Trump: Iran Wants to Negotiate But It's Too Late, Its Military is Irrelevant

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