“It became clear that we weren’t just witnessing another technology cycle. We were witnessing the emergence of a new industrial demand class. For the first time in a very long time, demand growth wasn’t being constrained by capital. It was being constrained by physical infrastructure. That was the real “aha” moment for me.
Power wasn’t just part of the AI story, it was becoming the story.”
Read the full conversation with @PaulBPrager 👉
$WULF is excited to have made @Forbes annual list of America's Most Successful Mid-Cap Companies (https://t.co/P7fKgIuAQR) and one that is said to be Powering the AI Boom 🐺⚡️
"Another of the top performers is sustainability-focused bitcoin miner Terawulf (WULF), the No. 30 ranked company which announced in October it extended its lease at its hydro-powered Lake Mariner facility on the south shore of Lake Ontario for 35 years... while bitcoin’s 140% gain in the last year is responsible for some of Terawulf’s fourfold increase, investors are hopeful that it could expand into even more lucrative and profitable applications." - @HankTucker13@ForbesInvestor
Full article available here:
https://t.co/cD3CNlGt9F
You hear us say "accretive" a lot but what does that actually mean?
TLDL: We don't believe in growth for the sake of growth. Instead, $WULF takes a more steady, focused approach with an emphasis on maximizing our efforts at every stage of the game. Our methods may take longer, but ultimately we believe they produce the best long-term results and highest value 📈🐺
Phase 2 of construction at $WULF's Lake Mariner facility is underway 🐺⛏️ The extension of this site will continue to lead the industry in Bitcoin mining operations and expand into high-performance computing projects with our remaining 300+ MW of largely #zerocarbon energy infrastructure.
Stay tuned for more updates as we continue to innovate and expand. The future of computing is here, and it's powered by TeraWulf. ⚡🔧
Watch the full video here below 👇
https://t.co/Fk3xWW6f9M
"Terawulf ( $WULF ) delivered a gross margin of 63% benefiting from their 5 year agreement, providing 50 MW and home to 16,000 self-miners, at the nuclear-powered Nautilus Cryptomine facility in Pennsylvania. The power cost at this, the first nuclear facility to power Bitcoin, is $0.02/kWh. Terawulf can also add a further 50 MW of mining capacity, in the facility that is expected to reach 300 MW, potentially becoming one of the largest carbon free mines in North America. The latest monthly mining update from Terawulf highlights a current blended electricity cost of approximately $0.028/kWh–increasing the gross margin to 77%." 🐺
“Terawulf's Nautilus Cryptomine is set to become one of the largest and most efficient #Bitcoin mining operations in North America… Low-cost, abundant-energy, rules."
Thank you @brettmaverick_ for the thought-provoking article and your mention of $WULF! 🙏
"Just recently, the positive feedback loop between atomic energy and Bitcoin formally ignited through @TeraWulfInc ($WULF), an American bitcoin mining operation.
The first network state is beginning to finance the atomic frontier."
#Bitcoin#NuclearEnergy#AtomicFrontier
Sure is -> our Lake Mariner facility in Upstate New York is a retired coal power plant-turned-Bitcoin mining facility that's been transformed to use 91% hydro and solar energy ⛏️🙌
You can see in our latest operations update that our Nautilus miners are already at work and have helped us achieve an EIGHTY-THREE PERCENT month-over-month increase in our self-mining hash rate
https://t.co/4fepfUVyIR
Incredibly proud of the $WULF pack for achieving this monumental milestone, not only for us as a company, but the entire Bitcoin industry. @TeraWulf is the FIRST U.S. miner to mine #Bitcoin using 100% zero-carbon, nuclear-powered energy!
@TeraWulfInc brought the first nuclear-powered #Bitcoin mine online in Pennsylvania, with half of the Nautilus Cryptomine online. This move toward nuclear energy is reliable and cheap and has the potential to revolutionize #BTC#mining.
https://t.co/XFUXnnx8AG
@Jake25Eich@HoggardWsoccer Worst calls ever. These two phantom calls need to be investigated. I understand missed calls and refs can’t always get it right but it’s hard to believe these were not deliberate. The ref must have been searching the game for anything close to give Cardinal Gibbons those calls.