TeraWulf Announces $22 Million Debt Repayment and Increase in Self-Mining Capacity
February 15, 2024 07:00 ET
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Terawulf Inc.
Achieved 7.6 EH/s of self-mining online in February. Expect to reach 8 EH/s of owned hashrate in Q1 2024 and 10 EH/s by mid-2024. $22 million debt repayment extends cash flow sweep to maturity. ...
TeraWulf Announces January 2024 Production and Operations Update: 7.1 EH/s and Counting
February 02, 2024 08:00 ET
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Terawulf Inc.
Achieved 7.1 EH/s of self-mining in January with Building 3 (45 MW) at Lake Mariner fully energized Expected to reach 7.9 EH/s of owned hashrate in early February as additional S19j XPs are...
TeraWulf Announces Appointment of New Independent Directors to the Board
January 12, 2024 16:05 ET
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Terawulf Inc.
EASTON, Md., Jan. 12, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered...
TeraWulf Announces December 2023 Production and Operations Updates
January 03, 2024 13:41 ET
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Terawulf Inc.
Self-mined 334 BTC in December for a total of 3,401 BTC mined year-to-date Building 3 at Lake Mariner operationally ready with deployment of 18,500 S19j XP miners expected in February 2024 Planning...
TeraWulf Reports Fully Funded 7.9 EH/s and Future Expansion Plans
December 28, 2023 08:00 ET
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Terawulf Inc.
Fully funded 7.9 EH/s, increasing self-mining capacity by 58% Building 3 at the Lake Mariner facility now fully operational Planning for additional growth with construction of Building 4 already...
TeraWulf Announces November 2023 Production and Operations Updates
December 04, 2023 16:05 ET
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Terawulf Inc.
Self-mined 323 BTC in November for a total of 3,067 BTC self-mined year-to-date. Increased total capacity participating in demand response programs at the Lake Mariner facility. EASTON, Md., Dec. ...
TeraWulf Reports Third Quarter 2023 Financial Results
November 13, 2023 16:05 ET
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Terawulf Inc.
Revenue of $19.0 million in Q3 2023, an increase of 22.6% over Q2 2023, on a total installed hashrate of 5.5 EH/s. Self-mined 994 Bitcoin in Q3 2023, a 9.5% increase over Q2 2023. Non-GAAP...
TeraWulf Announces October 2023 Production and Operations Updates
November 02, 2023 16:37 ET
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Terawulf Inc.
Self-mined 314 BTC in October for a total of 2,744 BTC mined year-to-date. Continued to participate in multiple demand response programs at the Lake Mariner facility. EASTON,...
TeraWulf Schedules Conference Call for Third Quarter 2023 Financial Results
November 01, 2023 10:57 ET
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Terawulf Inc.
EASTON, Md., Nov. 01, 2023 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a U.S.-based, vertically integrated bitcoin mining company powered by more than 91%...
TeraWulf Announces September 2023 Production and Operations Updates
October 03, 2023 08:30 ET
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Terawulf Inc.
Self-mined 329 BTC in September for total of 989 BTC in Q3 2023 and 2,430 BTC mined year-to-date. Generated approx. $6.5 million of free cash flow in Q3 2023, which will be used to repay debt. ...