Bitcoin Miner TeraWulf Buys 15,000 Rigs

Bitcoin Miner TeraWulf Buys 15,000 Rigs



Bitcoin miner TeraWulf signed a deal to buy 15,000 bitcoin mining rigs from Bitmain Applied sciences, the corporate stated in a statement Tuesday. TeraWulf has but to file a Kind 8-Ok with the Securities and Alternate Fee (SEC) detailing the settlement’s phrases.

“This buy from Bitmain, which is TeraWulf’s largest order of the next-generation bitcoin mining machines, signifies our shut relationship with Bitmain and our capability to acquire important portions of miners as we develop our working capability,” Paul Prager, TeraWulf CEO, stated in a press release. “As we put together to start mining operations through the subsequent quarter, we stay centered on our mission of producing environmentally sustainable bitcoin at industrial scale.”



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