American mining company TeraWulf to mine 50 MW from the Sakuehanna nuclear power plant in Pennsylvania to mine BTC.
.@TeraWulfInc‘s Innovative Nuclear Powered #Bitcoin Mining Facility Hits Major Milestone, Bringing Online Nearly 8,000 Miners with 50 MW and 1.9 EH/s Capacity Expected by May. https://t.co/40vBQHppRE pic.twitter.com/E1wHSJa4mC
— Blockchain Daily (@blckchaindaily) March 6, 2023
The object is a joint project of Cumulus Coin and Nautilus. 8000 miners were sent to the merger with a total hashrate of 1 EH/s. The company plans to build a similar number of buildings by May 2023.
“The company can benefit from what I can afford to find cheap electricity – less than $0.02 per kWh with a guarantee of saving the price for five years,” Paul Prager, CEO of TeraWulf, said.
If the company has a higher energy consumption of 50 MW, the company can fund a similar electricity supply for mining.
Recently, the firm expanded the capacity of its Lake Mariner data center in New York State. After the commissioning of another building, the operational intensity of the facility increased from 60 to 110 MW.
At TeraWulf, it will be clear that before the beginning of another quarter, the number of ASIC miners reaches 50,000 with a total hashrate of 5.5 EH / s.
Context. Have a fierce company received $32 million through public distribution of shares. Koshti went to the restructuring of the fence.