TeraWulf Nov production: 134 BTC mined, hash rate 2.0 EH/s, power cost $6k/BTC

TERAWULF INC.

Self-mined 134 Bitcoin in November, up 13% from 119 in October.
Cost of power fell to $0.035/kWh ($6,151/BTC) from $0.058/kWh ($11,060/BTC) in October.
Average operating hash rate reached 1.9 EH/s in November, up ~20% from October's 1.6 EH/s.
Shipments of ~12,450 S19J Pro and S19 XP miners from Bitmain initiated in December 2022.
Targeting 4.3 EH/s self-mining capacity in Q1 2023 at Nautilus facility with $0.02/kWh power.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TERAWULF INC. reported November 2022 results: revenue $2.4. Guidance reaffirmed.

Period: November 2022
Revenue: $2.4
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Key Metrics Q3 2022 October 2022 November 2022 Bitcoin (Self-Mined) 117 119 134 Self-Mining Revenue ($M) $2.4 $2.3 $2.4 Hosting Revenue ($M) $1.4 $0.9 $0.7 Power Cost ($M) $4.8 $2.0 $1.4 Avg. Operating Hash Rate (EH/s) 0.7 1.6 1.9 Revenue per Bitcoin $20,657 $19,646 $17,617 Power Cost per Bitcoin $20,732 $11,060 $6,151

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

TERAWULF INC. filing history →

Source: SEC EDGAR

accession 0001083301-22-000057

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