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**Bitcoin Miner TeraWulf Sets 2022 Hashrate Guidance**
[Image of a Bitcoin mining rig]
TeraWulf, a bitcoin mining company, has set its 2022 hashrate guidance at 1.8 exahash per second (EH/s). The company said it expects to achieve this hashrate by adding 100,000 new mining machines to its fleet.
TeraWulf currently has a hashrate of 0.4 EH/s, which makes it the 10th largest bitcoin mining company in the world. The company said it plans to add 50,000 new mining machines in the first half of 2022 and the remaining 50,000 machines in the second half of the year.
TeraWulf's hashrate guidance is based on the assumption that the difficulty of mining bitcoin will increase by 50% in 2022. The company said it is confident that it will be able to achieve its hashrate goals, despite the challenges posed by the global chip shortage.
TeraWulf is one of several bitcoin mining companies that have set ambitious hashrate goals for 2022. Riot Blockchain, another large bitcoin mining company, has set its hashrate guidance at 12 EH/s.
The increase in hashrate from bitcoin mining companies is expected to put a strain on the bitcoin network. The bitcoin network is currently operating at around 190 exahash per second. If bitcoin mining companies add 18 EH/s of hashrate in 2022, the network's hashrate will increase by more than 10%.
The increase in hashrate could lead to an increase in the difficulty of mining bitcoin. This would make it more difficult for miners to earn bitcoin rewards. However, it would also make the bitcoin network more secure.
#Bitcoin #cryptocurrency #Mining #Hashrate #terawulf
[Image of a Bitcoin mining rig]
TeraWulf, a bitcoin mining company, has set its 2022 hashrate guidance at 1.8 exahash per second (EH/s). The company said it expects to achieve this hashrate by adding 100,000 new mining machines to its fleet.
TeraWulf currently has a hashrate of 0.4 EH/s, which makes it the 10th largest bitcoin mining company in the world. The company said it plans to add 50,000 new mining machines in the first half of 2022 and the remaining 50,000 machines in the second half of the year.
TeraWulf's hashrate guidance is based on the assumption that the difficulty of mining bitcoin will increase by 50% in 2022. The company said it is confident that it will be able to achieve its hashrate goals, despite the challenges posed by the global chip shortage.
TeraWulf is one of several bitcoin mining companies that have set ambitious hashrate goals for 2022. Riot Blockchain, another large bitcoin mining company, has set its hashrate guidance at 12 EH/s.
The increase in hashrate from bitcoin mining companies is expected to put a strain on the bitcoin network. The bitcoin network is currently operating at around 190 exahash per second. If bitcoin mining companies add 18 EH/s of hashrate in 2022, the network's hashrate will increase by more than 10%.
The increase in hashrate could lead to an increase in the difficulty of mining bitcoin. This would make it more difficult for miners to earn bitcoin rewards. However, it would also make the bitcoin network more secure.
#Bitcoin #cryptocurrency #Mining #Hashrate #terawulf
