FeesSafety
Pluang+

American Bitcoin restarts Drumheller site with 11,298 new rigs, boosting hash power by 3.05 EH/s.

Protocol Fundamentals
08 Sep 2026
Crypto Briefing
View Source
Bullish
American Bitcoin restarts Drumheller site with 11,298 new rigs, boosting hash power by 3.05 EH/s.

American Bitcoin Corp., a subsidiary of Hut 8, has reactivated its Drumheller, Alberta Bitcoin mining site after a two-year shutdown, adding 11,298 new ASIC miners. This upgrade increases the site's computing power by approximately 3.05 exahashes per second at an improved energy efficiency of 13.5 joules per terahash. The reactivation is part of a strategy to mine Bitcoin cost-effectively below market prices by using more efficient hardware. With this expansion, American Bitcoin now operates about 58,999 miners producing 25.0 EH/s, contributing significantly to the global Bitcoin network's security and maintaining its competitive position in the market.

More News

Darolutamide with ADT and radiation cuts metastasis or death risk by 58% in high-risk prostate cancer patients.

Darolutamide with ADT and radiation cuts metastasis or death risk by 58% in high-risk prostate cancer patients.

Interim results from the Phase 3 DASL-HiCaP trial show that adding darolutamide to standard androgen deprivation therapy (ADT) and radiation therapy reduces the risk of metastasis or death by 58% in prostate cancer patients at high risk of recurrence...

Company Fundamentals
Bullish
2 hours ago
Anthropic's revenue jumps to $16.3B in H1 2026, up from $1.1B last year

Anthropic's revenue jumps to $16.3B in H1 2026, up from $1.1B last year

Anthropic reported a massive increase in revenue, reaching $16.3 billion in the first half of 2026 compared to just $1.1 billion in the same period last year. This surge highlights rapid growth and strong demand for its products or services. The dram...

Market News
Bullish
3 hours ago
Betterware remains a Buy with a $25 target, backed by Tupperware acquisition and strong 2026 growth outlook.

Betterware remains a Buy with a $25 target, backed by Tupperware acquisition and strong 2026 growth outlook.

Betterware is rated a Buy at around $15 per share, with a medium to long-term price target of approximately $25, supported by potential gains from acquiring Tupperware. Management forecasts revenue growth of 24-26% and an EBITDA margin near 19% for f...

Analyst Insights
Bullish
4 hours ago
Bitcoin may hit a local low mid-November, with a possible high window late October to early November.

Bitcoin may hit a local low mid-November, with a possible high window late October to early November.

Analyst Benjamin Cowen notes a chart pattern suggesting Bitcoin could reach a local low around mid-November, though no exact date or price is given. The pattern is based on price moves near the 21st of each month but is not yet a confirmed recurring ...

Technical Signals
Neutral
4 hours ago
Altcoins have a 40% chance to outperform Bitcoin this cycle, says crypto analyst Dennis Liu.

Altcoins have a 40% chance to outperform Bitcoin this cycle, says crypto analyst Dennis Liu.

Crypto analyst Dennis Liu estimates that altcoins have about a 40% chance of outperforming Bitcoin during the current market cycle. He also assigns a 50% probability that altcoins will trade sideways relative to Bitcoin, and a 10% chance they will un...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App