According to Odaily Planet Daily, American Bitcoin, a mining company backed by members of US President Trump's family, exercised its options this month to purchase 16,299 Antminer U 3 S 21 EXPH units from Bitmain, with a total hashrate of 14.02 EH/s, for approximately $314 million. The agreement excludes the impact of tariff increases. Under pressure from the trade war, Bitmain announced plans to build its first ASIC production plant in the United States by the end of the year, with plans to establish its headquarters in Florida or Texas. Data from the University of Cambridge shows that Bitmain holds an 82% share of the global mining machine market. (TheMinerMag)