TeraWulf Orders 30,000 Bitmain Rigs, Eyeing Top-Ten Hash Rate Spot

The world’s leading producer of bitcoin mining hardware, Bitmain, announced today a signed purchase order of 30,000 units of its latest-generation Antminer S19j Pro mining rigs from bitcoin mining company TeraWulf.

“This agreement with Bitmain is the next step in TeraWulf’s plan to rapidly and efficiently scale our operations, which is based on a proven model for success,” Paul Prager, the chairman and CEO of TeraWulf, said in the announcement. “With Bitmain’s miners in place, we expect to substantially increase our total mining hash rate, furthering our efforts to generate environmentally sustainable bitcoin at an industrial scale.”

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