other material
confidence high
sentiment positive
materiality 0.65
TeraWulf mined 150 bitcoin in Oct; HPC hosting capacity target 72.5 MW by Q2 2025
TERAWULF INC.
- Self-mined 150 bitcoin in Oct (avg 4.8/day); power cost $36,789/bitcoin.
- 8.1 EH/s operational self-mining capacity, up 62% YoY; avg hash rate 6.8 EH/s due to upgrades.
- Sold 25% equity in Nautilus Cryptomine facility effective Oct 2, 2024.
- Targeting 72.5 MW HPC hosting capacity by end of Q2 2025; CB-1 (20 MW) on track for Q1.
- Replacing older miners with ~12,200 S19 XP units; recovery plan for 1.5 EH by year-end.