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TeraWulf to buy 15K S19 XP pro Bitcoin mining machines from Bitmain Tech

TeraWulf to buy 15K S19 XP pro Bitcoin mining machines from Bitmain Tech


Seeking Alpha
2021-12-21 14:39:54

TeraWulf (NASDAQ:WULF) will purchase 15K S19 XP pro Bitcoin mining machines from Bitmain Technologies, marking its largest order of such machines. The deal provides for a monthly allotment of 2,500 units to be delivered from July to December 2022. TeraWulf expects its Lake Mariner facility to begin mining operations during Q1 of 2022. The company expects to have 800 MW of mining capacity deployed by 2025.


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