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Eric Trump's American Bitcoin announced its Q3 financial results: BTC reserves rose to 8,427, up 5% quarter over quarter. It also mined 891 BTC and recorded $6.34 million in revenue.
Reserves of 8,427 BTC, up 5% quarter over quarter—having a solid stockpile brings peace of mind. But $6.34 million in revenue from 891 newly mined BTC suggests low efficiency, so costs will need to be watched closely.
#BTC #AMBC #Mining
Eric Trump's American Bitcoin announced its Q3 financial results: BTC reserves rose to 8,427, up 5% quarter over quarter. It also mined 891 BTC and recorded $6.34 million in revenue.
Reserves of 8,427 BTC, up 5% quarter over quarter—having a solid stockpile brings peace of mind. But $6.34 million in revenue from 891 newly mined BTC suggests low efficiency, so costs will need to be watched closely.
#BTC #AMBC #Mining
Reserves of 8,427 BTC, up 5% quarter over quarter—having a solid stockpile brings peace of mind. But $6.34 million in revenue from 891 newly mined BTC suggests low efficiency, so costs will need to be watched closely.
#BTC #AMBC #Mining
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