American Bitcoin becomes cheapest US BTC miner
The post American Bitcoin becomes cheapest US BTC miner appeared on BitcoinEthereumNews.com. American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin. Summary American Bitcoin cut its cost to produce one bitcoin by 23% to roughly $36,200 in Q1 2026, down from $46,900 in Q4 2025. The Trump family-linked miner posted a gross mining margin above 50% while most publicly listed rivals pivot capital toward AI infrastructure. Total fleet capacity reached 28.1 exahash by quarter-end, with the company holding roughly 7,021 BTC in its strategic reserve. American Bitcoin (ABTC), the Bitcoin mining company backed by the Trump family, cut its cost per coin 23% to roughly $36,200 in the first quarter of 2026, placing it among the lowest-cost public miners in the US. The company reported a gross mining margin above 50% alongside an $81.8 million net loss driven largely by a $117 million non-cash impairment on its bitcoin holdings. The improvement in co