Bitcoin miner TeraWulfInc, which counts among its backers actress Gwyneth Paltrow, sees reaching a hashrate of 4.7 to 5.1 EH/s by the end of this year. Reports Aoyon_A
The Easton, Md.-based company also expects to be able to successfully build out over 400 megawatts of mining facility in 2023, raising its hashrate to 12.1 to 17.2 EH/s.
The Bitcoin network’s total hashrate was 209.7 EH/s as of March 16, according to Glassnode data. By comparison, Marathon Digital , one of the largest bitcoin miners, said it sees a hashrate of 23.3 EH/s byFor this year, TeraWulf is expecting a total of 210MW of power capacity, but notes the company could expand to raise power capacity to 235MW, if the macroeconomic and capital markets improve.
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