other material
confidence high
sentiment positive
materiality 0.60
TeraWulf self-mined 115 Bitcoin in Nov; 8.4 EH/s hash rate, 68% YoY increase
TERAWULF INC.
- Self-mined 115 Bitcoin in November 2024; average daily production ~3.8 BTC.
- Operational self-mining hash rate reached 8.4 EH/s, up 68% year-over-year.
- Average power cost of $41,190 per Bitcoin mined (~$0.051/kWh).
- Completed critical electrical upgrades at Lake Mariner; 72.5 MW HPC hosting on track for Q2 2025.
- Installed ~7,400 S21 Pro miners; weighted-average miner efficiency improved to ~19 J/TH.