TeraWulf provided an unaudited monthly production and operations update for November. Self-mined 134 Bitcoin in November, an increase of approximately 13% as compared to October production of 119 Bitcoin. Cost of power declined sequentially in November to approximately $0.035/kWh as compared to approximately $0.058/kWh in October and approximately $0.089/kWh in Q3. Remains on track to realize blended cost of power of approximately $0.035/kWh, comprised of approximately $0.045/kWh at the Lake Mariner facility and $0.02/kWh fixed at the Nautilus Cryptomine facility. Deployed fleet of 17,500 miners achieving hash rate capacity of 2.0 EH/s as of November 30, 2022. Average operating hash rate of 1.9 EH/s in November 2022, an increase of nearly 20% as compared to October’s average operating hash rate of 1.6 EH/s.
Published first on TheFly
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