Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Bitcoin mining firm TeraWulf has seen a sharp rise in BTC rewards following an increase in its mining capacity in the first half of 2023. According to the company’s latest quarterly filing with the United States Securities and Exchange Commission, TeraWulf mined a total of 1,441 BTC through the first half of the year, up from 508 BTC mined in Q1. TeraWulf has over 50,000 new-generation Bitcoin miners and an increased operational hash rate of 5.5 exahashes per second, with 160 MW of capacity. The company plans to increase its capacity at Lake Mariner by 43 MW by the end of 2023, adding more than 18,000 new generation S19j XP miners.
