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Trump Family Gains Control of 61,000 Bitcoin Mining Machines

Author

Keith Andrade
March 31, 2025

Good morning, business and tech friends!

🔄 xAI / $private
💻 TSMC / $TSM ( ▲ 0.56% )  
🏦 Social Security Administration
🚀 American Bitcoin / $BTC.X ( ▲ 0.72% )  
🤖 Nvidia / $NVDA ( ▲ 4.3% )  

Stagflation

Economic condition combining high inflation with slow growth and high unemployment. For example, rising consumer prices alongside flat or declining job growth creates pressure on both businesses and households.

2nm Chip Technology

Semiconductor manufacturing process representing the cutting edge of miniaturization, enabling more powerful and energy-efficient computing. For example, TSMC's 2nm facility will produce chips with roughly 30-40 billion transistors on a single chip.

Model Market

The rapidly expanding ecosystem of commercial AI models available through subscription or API access. For example, businesses can now choose between dozens of specialized AI solutions with pricing ranging from $20 to $200+ monthly for premium capabilities.

🤖 The AI model market is experiencing rapid expansion with over a dozen advanced systems released in the past year. TechCrunch, 5 min read

• Monthly subscription prices range from $19.99 to $200
• Premium AI tools can be 5-10x more effective than free versions
• Creating potential competitive advantages for companies with bigger budgets

🔧 TSMC is doubling down on Taiwan with a new cutting-edge 2nm chip manufacturing facility. Reuters, 5 min read

• Creating 7,000 high-tech jobs in Kaohsiung by 2025
• Reinforces Taiwan's semiconductor dominance
• Despite spending $100B on US expansion
• Maintains critical manufacturing for Nvidia, Apple, and Qualcomm

🏢 Only three states added jobs in February while unemployment creates a regional divide across America. Bureau of Labor Statistics, 5 min read

• Ohio, New Jersey, and Missouri led with 23,100, 19,200, and 12,500 new jobs
• Texas dominated yearly growth with 182,300 positions
• Unemployment ranges from 1.9% in South Dakota to 5.8% in Nevada
• Job openings declined to 7.63 million in February

📉 Stagflation risks are emerging in the economy as prices rise while job growth slows. Seeking Alpha, 4 min read

• This toxic economic mix squeezes profit margins
• Potential earnings cuts could trigger market weakness
• Stock valuations vulnerable to PE multiple compression

🔄 Elon Musk's xAI has acquired X Corp in an all-stock deal valued at $33 billion. SiliconANGLE, 6 min read

• xAI now values itself at $80B, up from $50B last year
• Combined entity merges AI development with social distribution
• xAI staff were already working for X before the acquisition
• xAI generates about $100M in annual sales

⚠️ A rushed Social Security system migration could jeopardize benefits for millions of Americans. Ars Technica, 7 min read

• Department of Government Efficiency plans to replace 1960s COBOL with Java
• Timeline compressed from 5 years to just months
• Experts warn of "invisible errors" in critical payment systems
• Led by Elon Musk associate Steve Davis

🔍 Top cybersecurity researcher Xiaofeng Wang has disappeared from Indiana University systems after an FBI raid. Ars Technica, 5 min read

• Wang's 21-year career secured $23M in research funding
• Earned prestigious IEEE and AAAS fellowships
• Both university and FBI remain silent on the raid
• Creates uncertainty for researchers in sensitive tech fields

💰 The Trump family has entered the cryptocurrency mining space through a strategic merger. WSJ, 6 min read

• American Data Centers merged with American Bitcoin
• Gained control of 61,000 mining machines without spending cash
• Eric and Donald Trump Jr. secured 20% stake in the new company
• Expanding beyond mining into DeFi and potential stablecoins

In light of xAI's acquisition of X for $33B, identify untapped markets where AI and existing platforms could merge. Use ChatGPT to map your product against similar consolidations happening in your industry. 

Prompt:
"Analyze the xAI/X merger strategy and suggest 3 potential product integrations I could develop for my [your industry] business that combine social distribution with AI capabilities. Include market size estimates and technical feasibility for each."

With stagflation concerns emerging, position yourself as indispensable by developing automation skills relevant to your company's potential cost-cutting measures. 

Prompt: 
I work in [your role] at a [your industry] company. Design a 30-day learning plan to master automation tools that could save my department 20% in operational costs during economic slowdown. Include specific tools, online courses, and weekly implementation milestones."

With TSMC's continued expansion in Taiwan despite geopolitical tensions, explore semiconductor supply chain investment opportunities. 

Prompt:
"Create an investment thesis for semiconductor ecosystem companies supporting TSMC's 2nm chip development. Analyze 5 under-the-radar stocks in equipment, materials, and design software with their exposure to advanced node transitions, P/E ratios, and projected 3-year growth based on the industry shift to 2nm."

That’s it for this today!
Stay tuned every weekday for more insights in tech,
the market, and policy.

best,
Keith
Automation Consultant & Engineer
[email protected]

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