HONG KONG, June 29, 2021 – Bitman – the world’s leading manufacturer of cryptocurrency mining hardware, today announced a signed purchase order with Terawolf Inc. (Terawolf), which recently announced plans to become a global trading company that owns and operates a fully integrated environment. Antminer S19j Pro, a clean cryptocurrency mining facility in the United States for the order of 30,000 units of the latest generation of bitcoin mining.
The purchase order provides for a monthly allocation from January to June 2022. After the order is fully delivered and placed, TeraWulf is expected to increase its total mining hashrate to 3 EH / s, from an additional 30,000 Antminer S19 series mines.
Paul Pragar, Chairman and CEO of Teraulf, said: “This agreement with Bitcoin is the next step in Teraulf’s plan to scale our operations quickly and efficiently, based on a proven model for success. With Bitcoin Mining, we hope to significantly increase our total mining hashrate, furthering our efforts to produce environmentally sustainable bitcoins on an industrial scale. We are confident that we can continue our strong partner relationship as we strive to position our company as the world’s leading mining of sustainable bitcoin.
“The partnership with Terawolf is a big step towards a more resilient, stable and sustainable mining platform. By
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