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TeraWulf Sees Sharp Rise in BTC Rewards with Increased Mining Capacity!

August 14, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Creator: Mustafa Mulla Aug 14, 2023 21:23

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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Bitcoin mining agency TeraWulf has seen a pointy rise in BTC rewards following a rise in its mining capability within the first half of 2023. In line with the corporate’s newest quarterly submitting with the US Securities and Change Fee, TeraWulf mined a complete of 1,441 BTC by the primary half of the 12 months, up from 508 BTC mined in Q1. TeraWulf has over 50,000 new-generation Bitcoin miners and an elevated operational hash price of 5.5 exahashes per second, with 160 MW of capability. The corporate plans to extend its capability at Lake Mariner by 43 MW by the tip of 2023, including greater than 18,000 new era S19j XP miners. 

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Tags: BTCCapacityIncreasedMiningRewardsRiseSeesSharpTerawulf
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