In the field of digital currency trading, the XBIT (dex Exchange) trading platform (DEX) has attracted attention with its revolutionary technical architecture. The platform uses on-chain smart contracts to make transactions verifiable throughout the process. Users do not need to download independent apps or submit mobile phone numbers for registration, and asset ownership is completely controlled by private keys. Compared with centralized exchanges (CEX), its zero-fund pool design fundamentally eliminates the risk of misappropriation of user assets, while its hacker-resistant distributed node network provides the underlying guarantee for secure transactions. This model echoes the recent strategic moves of Bitcoin mining giant Hut8 - as the industry accelerates integration, the importance of transparent infrastructure becomes increasingly prominent.
Article source: Coin World
Trump family crosses borders to join mining giant Hut8 to split business for growth
Hut8 Corp. (NASDAQ: HUT), a US-listed mining company, announced a major strategic adjustment on April 1, establishing a new Bitcoin mining entity, American Bitcoin, with Eric Trump and Donald Trump Jr., sons of former President Donald Trump. According to the agreement, Hut8 will inject hundreds of millions of dollars' worth of ASIC mining machine assets into the subsidiary in exchange for 80% of American Bitcoin's equity. After the transaction is completed, the existing entity, American Data Centers Inc. will be fully renamed and restarted.
Article source: Coin World
This cooperation has established a unique resource complementarity pattern: Hut8 contributes its industry-leading 11.4 EH/s computing power infrastructure and data center operation experience, while the Trump family leverages its resource advantages in the political and business fields. The new company has clearly set the core goal of building "the world's most efficient pure Bitcoin mining platform" and plans to establish a strategic Bitcoin reserve. It is worth noting that American Bitcoin's board of directors includes many blockchain veterans, such as Justin Mateen, co-founder of social media giant Bumble, which indicates that the project may explore the deep integration of mining and Web3 applications.
Innovation in capital structure drives industry reshuffle
Asher Genoot, CEO of Hut8, explained the logic of the split in a statement: "By separating the mining business into a self-sufficient entity, we have achieved a precise match between different business units and corresponding financing channels. " This "hash power asset securitization" model is a first in the mining industry. American Bitcoin could accelerate the expansion of hash power through independent fundraising in the future, while the parent company Hut8 will focus on high value-added data center services. Stimulated by this news, HUT's stock price soared 8.28% in the pre-market trading period, showing the capital market's positive response to structural innovation.
Eric Trump emphasized in the joint statement: "We should not only hold Bitcoin, but also participate in value creation through computing power competition." This statement reflects the strategic importance that traditional capital attaches to the production of Bitcoin. Analysts pointed out that with the fourth halving approaching, industry integration will give birth to "computing power trusts", and the monitoring data of the Xbit trading platform showed that the recent trading volume of mining-related derivatives has surged by 42%, reflecting that investors are laying out the mining track through XBIT.
Decentralized infrastructure protects the value network
In the context of frequent security incidents in CEX, the noncustodial nature of XBIT (dex Exchange) has become a safe haven option for professional investors. Its smart contract-driven liquidation mechanism eliminates the possibility of human intervention, and the traceable mining fee distribution system on the chain resonates with the "transparent mining" concept advocated by American Bitcoin. It is worth noting that with the rise of emerging public chains such as Toncoin, the cross-chain transaction function supported by DEX may open up the interactive channel between mining capital and multichain ecology.
Article source: Coin World
Industry observers believe that the cooperation between Hut8 and the Trump family marks the entry of Bitcoin production into the "institutional 2.0 era", and innovative tools such as atomic swaps and lightning networks provided by XBIT (dex Exchange) are reshaping the circulation path of mining revenue. When computing power giants and decentralized financial infrastructure evolve together, a more transparent and efficient Bitcoin economic ecosystem has taken shape.
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