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TeraWulf reports 157 bitcoin self-mined in January vs. 125 in December
The Fly

TeraWulf reports 157 bitcoin self-mined in January vs. 125 in December

The company reports its January metrics, stating: "Self-mined 157 Bitcoin in January 2023, an increase of more than 25% from December 2022. Deployed fleet of 18,000 miners that consistently achieved hash rate capacity of +2.0 EH/s with self-owned miners delivering nearly 100% operational uptime. Power cost decreased in January 2023 to approximately $0.052/kWh, compared to approximately $0.060/kWh in December 2022 following the return to more normalized weather. The Company continues to target a blended average cost of power of approximately $0.035/kWh, comprised of approximately $0.045/kWh at the Lake Mariner facility and a fixed, five-year contracted rate of $0.02/kWh at the Nautilus Cryptomine facility."

Published first on TheFly

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