---
schema_version: "secwatch.filing_event.v1"
accession: "0001083301-22-000057"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T09:25:00.889961+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001083301-22-000057
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000108330122000057/0001083301-22-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000108330122000057/tmb-20221205x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001083301-22-000057
- JSON: https://secwatch.observer/filing/0001083301-22-000057.json
- Plain text: https://secwatch.observer/filing/0001083301-22-000057.txt

## Key facts
- Earnings Releases
  TERAWULF INC. reported November 2022 results: revenue $2.4. Guidance reaffirmed.
  - Period: November 2022
  - Revenue: $2.4
  - Guidance: reaffirmed
  - Result: reported results
  source text: Key Metrics Q3 2022 October 2022 November 2022 Bitcoin (Self-Mined) 117 119 134 Self-Mining Revenue ($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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330122000057/0001083301-22-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.