Overview
- Hunter Rogers, formerly a senior ecosystem and investment lead at TRON DAO, was named co-founder of TeraHash on Nov. 6.
- He will lead ecosystem partnerships, institutional outreach, and community growth to position the protocol as an institutional standard for Bitcoin mining yield.
- TeraHash says its $THS token represents 1 TH/s of mining power, enabling users to stake for daily Bitcoin rewards, with $HASH serving governance and yield amplification roles.
- The company reports more than 8 million pre-launch users, over $300 million in equipment contracts, and roughly 50% historical APY, figures presented by TeraHash and not independently verified in the coverage.
- The protocol says it is completing a strategic institutional round and preparing for mainnet as Bitcoin DeFi activity expands, with DeFiLlama showing about $7.57 billion in TVL across BTC-focused platforms such as Babylon, Lombard Finance, and Threshold Network.