Bitcoin mining firm TeraWulf is set to boost its self-mining hashrate by 58% after purchasing 18,500 Antminer S19j XP bitcoin mining machines from Bitmain for $53.4 million. The expansion aims to establish TeraWulf as one of the most efficient mining fleets in the sector, with a fleet efficiency of 25.7 J/TH. The company also expects increased profit margins ahead of the next halving. The miners will be received in equal batches between October and December.

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