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TeraWulf Indicators a Buy Order with Bitmain for 30,000 Items of Antminer S19j Professional

Hong Kong, June 29, 2021 – Bitmain – the world’s main producer of cryptocurrency mining {hardware}, at present introduced a signed buy order with TeraWulf Inc. (TeraWulf), which lately introduced plans to change into a publicly traded firm that owns and operates totally built-in environmentally clear cryptocurrency mining services in the USA, for an order of 30,000 items of Bitmain’s newest era miners, the Antminer S19j Professional.

The acquisition order supplies for a month-to-month allotment to be delivered from January to June of
2022. After full supply and deployment of the order, TeraWulf is anticipated to extend its
complete mining hashrate by 3 EH/s, from the extra 30,000 Antminer S19 Sequence miners.

Paul Prager, Chairman & Chief Govt Officer of TeraWulf, mentioned, “This settlement with
Bitmain is the following step in TeraWulf’s plan to quickly and effectively scale our operations,
which relies on a confirmed mannequin for achievement. With Bitmain’s miners in place, we count on to
considerably enhance our complete mining hashrate, furthering our efforts to generate
environmentally sustainable bitcoin at an industrial scale. We’re assured that we will
proceed to leverage our robust associate relationships as we search to place our firm as
the main miner of sustainable bitcoin globally.”

“Partnering with TeraWulf represents a giant step ahead within the transition to a extra resilient, steady, and sustainable mining platform. We’re excited to offer our most superior bitcoin miners as they construct the biggest, most environmentally pleasant bitcoin mining facility in North America,” mentioned Du Shisheng, Bitmain Mining Division Vice President.

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Michael Evans

Professional writer, editor, and producer with over a decade of experience. I'm an experienced editor who has written for a variety of publications, and I specialize in editing non-fiction articles, news, and business blogs.

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