Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 per kilowatt-hour (kWh), according to the company.
Terawulf Fires up 50 MW Zero-Carbon Bitcoin Mining; Aims to Reach 5.5 EH/s of Capacity by Q2 2023
Just over 45 days ago, the bitcoin mining firm Terawulf announced it had energized the Nautilus Cryptomine facility, a carbon-free data center with 24/7 baseload power stemming from the Susquehanna nuclear generation station in Pennsylvania. On April 20, 2023, the company revealed it has successfully deployed 50 MW or 1.9 exahash per second (EH/s) of hashrate. Terawulf is collaborating with Cumulus Coin, LLC, as the Nautilus Cryptomine is referred to as a “joint venture” between the two companies.
Terawulf has the option to add another 50 MW, and it plans to do so in

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