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๐ช Forbes: Eric Trump pitches his Bitcoin company as a money-printing machine
Eric Trumpโs newest Bitcoin venture may be selling a story more than a business. As he tells it, American Bitcoin can print money by mining Bitcoin for roughly half of what it is worth.
But a closer look at the numbers calls into question whether the company can mine bitcoin profitably at all, let alone with such massive margins, Forbes says.
๐ฃ Eric Trump commented on the article:
"Since being acquired by China, Forbes has become a political weapon and an embarrassment to journalism <...> We have arguably climbed the "Top 100" rankings faster than any company in the space and continue to aggressively mine and scale daily".