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Eric Trump: “We're effectively mining at about 50% discount to spot…”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

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From American Hashrate to Wall Street: How Bitcoin Benefits The U.S. | Bitcoin 2026

Published | Video Starts at 19:04

American bitcoin, what we've built is unbelievable, guys. We're mining bitcoin here in the United States. We're doing it better than anybody, we're doing it cheaper than just about anybody. We're effectively mining at about 50% discount to spot price. We're doing in West Texas using some of the best American energy. And we're really leading the way. We're doing amazing. And, you know, you've probably seen what we've done in terms of, you know, building our treasury. (19:04–19:08)

CLAIM

Asserts that their bitcoin mining costs are approximately 50% less than the market spot price.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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