TeraWulf announces October 2024 production and operations update
- TeraWulf (NASDAQ:WULF) mined 150 bitcoin, with an average daily production rate of approximately 4.8 bitcoin.
- Company reported 8.1 EH/s of operational self-mining capacity, up 62% Y-oY.
- In October, the company’s miners operated at an average hash rate of 6.8 EH/s.
- TeraWulf targets the delivery of 72.5 MW of high-performance computing hosting capacity by the end of Q2, 2025.
- The mining firm is replacing older miners at Lake Mariner with S19 XP models and expects its total self-mining hash rate to increase to ~8.7 EH/s.
- Source: Press Release
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