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Long-time Bitcoin developer Paul Sztorc has proposed a hard fork called eCash, scheduled for August 2026, that would create an entirely new chain copied from Bitcoin's existing code.
According to the proposal, every current Bitcoin holder would receive equivalent eCash tokens for free at the time of the split.
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It is now up 13.60% in 28 days adding $8 trillion to its market cap.
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This brings the combined implied market cap of the three companies to $3.7 trillion
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Eric Trumpβs 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.
"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".
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