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Eric Trump: “We're mining bitcoin at roughly 50% of spot prices of…”

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

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Eric Trump Pledges "Heart and Soul" in Bitcoin Venture

Published | Video Starts at 00:13

You go out and you buy one bitcoin, you're always going to have one bitcoin. Our entire ethos is increasing bitcoin per share. Right now, every day we're mining bitcoin, We're mining bitcoin at roughly 50% of spot prices of bitcoin. So roughly about $56,000 per bitcoin. That's what we're able to mine at. We're able to mine because we have the best facilities anywhere on earth. (00:13–00:18)

CLAIM

Asserts that their bitcoin mining costs are about half of the current market 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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