​TeraWulf has increased bitcoin mining by 2.2 times and is dou | Crypto Bubble

​TeraWulf has increased bitcoin mining by 2.2 times and is doubling its fleet of miners

U.S. mining company TeraWulf, amid a bearish phase of the bitcoin market, chose to increase its operational activity. During the fourth quarter of 2022, the company mined 2.2 times more bitcoins than in the third quarter, that is, 378 BTC.

In total, a fleet of 18,000 miners with more than 2 Eh/s were in operation. The company intends to double the number of mining machines in operation within a short period of time: 15 thousand additional miners are to be put into operation till April and then another 3 thousand miners will be put into operation till the end of the year.

The supplier of this equipment is a company from China, Bitmain Technologies Limited. In addition, the company has agreed to purchase another 31,000 miners on the open market.