Terawulf Brings First Fully Nuclear-Powered Bitcoin Mining Operation In America Online

Terawulf Brings First Fully Nuclear-Powered Bitcoin Mining Operation In America Online

A joint venture with Cumulus Coin, LLC. has brought the first nuclear-powered Bitcoin mine online in Pennsylvania.

Terawulf has announced roughly half of its nuclear-powered Nautilus Cryptomine has come online. The mining facility, a joint venture with Cumulus Coin, LLC., derives its energy wholly from the 2.5 GW Susquehanna nuclear generation station in Pennsylvania.
The full operation will amount to 50 MW and 1.9 EH/s, with an option for Terawulf to add an additional 50 MW of bitcoin mining capacity, “which the Company plans to deploy in future phases,” according to a press release.
Paul Prager, chairman and CEO of TeraWulf, said that “the recent energization of the Nautilus facility earlier this month, approximately 16,000 of TeraWulf’s owned miners, representing 1.9 EH/s of self-mining capacity, are onsite and being brought online daily.”
“The Nautilus nuclear-powered mining facility benefits from what is arguably the lowest cost power in the sector, just $0.02/kWh f

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