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Tag: Lake Mariner

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining...

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TeraWulf Mined More BTC in January Due to Reduced Power Costs

The US-based cryptocurrency miner TeraWulf produced 157 BTC in January, a 25.6% increase compared to December.  Snow blizzards towards the end of 2022 crippled...

TeraWulf Announces January 2023 Production and Operations Updates

Self-mined 157 Bitcoin in January 2023, a >25% increase over December 2022 Deployed fleet of 18,000 miners exceeding hash rate capacity...

TeraWulf Announces Beneficial Debt Modifications and Approximately $32 Million of New Equity Proceeds

Deal will Eliminate principal payments and defer amortization to April 2024 with ability to extend to maturity. Company expects to be...

TeraWulf Announces Proposed Public Offering of Common Stock

EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more...

TeraWulf Issues an Open Letter from Chairman and CEO

EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more...

TeraWulf Significantly Increases Expected Q1 2023 Self-Mining Hash Rate at No Additional Cost and Announces Repayment of Certain Debt

 Bitmain Purchase Agreement Meaningfully Increases Self-Mining Capabilities by 8,200 miners (+23%) to 44,450 Owned Miners with an Expected Hash Rate Capacity of 5.0...

TeraWulf Announces November 2022 Production and Operations Updates

Deployed fleet of 17,500 miners achieving hash rate capacity of 2.0 EH/s as of November 30, 2022 Cost of Power Decreased...

Nasdaq-Listed Bitcoin Miner Terawulf Reveals Firm’s Lake Mariner Site Has 12,000 Miners Deployed

Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of...

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