Bitcoin Miner TeraWulf to Buy 30K Bitmain Mining Machines

Bitcoin mining company TeraWulf has agreed to purchase 30,000 mining machines from Bitmain.

In a blog post on Tuesday, Bitmain said TeraWulf will buy Bitmain’s latest generation of miners dubbed the Antminer S19j Pro, which will be delivered from January to June 2022.
Once the machines have been delivered and deployed, TeraWulf is expected to increase its total mining hash rate by 3 exahashes per second, which means the machines will be able to compute an extra 3 quintillion calculations per second. Quintillion is a number followed by 18 zeros.
TeraWulf is set for a Nasdaq listing after it agreed to merge with Ikonics, an imaging-technology company whose stock trades on Nasdaq. The combined company will trade under the ticker symbol, "WULF."

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