nuclear power

  • Tera Wulf deploys BITMAIN mining machines at the nuclear powered Nautilus facility

    According to reports, TeraWulf Inc., a Bitcoin mining facility, announced that the company is deploying mining equipment manufactured by BITMAIN Technologies Ltd. (“BITMAIN”) to fill the 50 megawatt capacity of its nuclear powered Nautilus Bitcoin mining facility. The company currently owns two Bitcoin mining facilities: the fully owned Lake Mariner facility in New York and the Nautilus Cryptomine facility in Pennsylvania, a joint venture with Cumulus Coin, LLC. Tera Wulf’s domestic production of Bitcoin is powered by 91% of nuclear, hydro, and solar energy, with the goal of 100% utilization…

    03/21/2023
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