TeraWulf
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
TeraWulf has begun operations at its Nautilus Cryptomine facility – the first nuclear-powered bitcoin mining facility in the U.S. – with nearly 8,000 mining rigs online representing computing power, or hashrate, of about 1.0 exahash per seond (EH/s). TeraWulf Chief Strategy Officer Kerri Langlais shares insights into the company's plans and outlook for the bitcoin mining industry amid the bear market.
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
The miner also said it expects to reach 5.5 EH/s of computing power across its two sites by early in the second quarter.
Bitcoin Miner TeraWulf Restructures Debt
A slew of mining firms have restructured their debt loads while others are facing bankruptcy.
Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts
The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet.
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
TeraWulf Adds $50M in Debt to Build Data Center Infrastructure
The miner aims to seize opportunities created by the market slump.
Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines
Riot Blockchain is the best-positioned miner amidst the current market volatility, B. Riley said in a new report.
Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst
B. Riley initiated the environmentally sustainable miner’s stock with a buy rating and a 12-month price target of $24.
Bitcoin Miner TeraWulf Sets 2022 Hashrate Guidance
The company, which went public in December and counts among its backers actress Gwyneth Paltrow, also said its 2025 expectations remain on track.
Bitcoin Miner TeraWulf Raises $200M in Debt and Equity
The miner expects to complete its merger with Ikonics and go public during the week of Dec. 13.
