Bitcoin

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 In June 2023, TeraWulf Inc., an industry leader in environmentally clean Bitcoin mining, achieved stellar operational outcomes. The company <a href="https://ultramining.com/news/en/terawulf-ramps-up-bitcoin-mining-capacity-to-5-5-eh-s-and-160-mw-leveraging-over-91-zero-carbon-energy/" rel="noopener noreferrer nofollow">mined</a> 347 Bitcoins, marking an 8% increase from May's figures. 
 This surge in mining activities, coupled with all mined Bitcoins being sold, generated revenues of $9.6 million. The average production rate hit 11.6 Bitcoins daily. <a href="https://ultramining.com/news/terawulf-uvelichivaet-moshhnost-majninga-bitkoinov-do-55-eh-s-i-160-mvt-ispolzuya-bolee-91-energii-s-nulevym-vybrosom-ugleroda/" rel="noopener noreferrer nofollow">TeraWulf</a> managed to maintain power costs at $9.3k per Bitcoin produced, equivalent to $0.035/kWh. 
 The company's hash rate capacity grew by a striking 25%, reaching 5.5 EH/s by the end of June. This surge occurred despite increased network difficulty and reduced transaction fees, as emphasized by Chief Strategy Officer Kerri Langlais. 
 TeraWulf also reported a fully commissioned Building 2 at the Lake Mariner facility, thereby attaining 110 MW of self-mining capacity. This expansion houses more than 4,700 miners, significantly driving down capital expenditures. 
 In total, the company operates a fleet of 50,000 miners, split between its Lake Mariner and nuclear-powered Nautilus facilities. 
 Looking forward, TeraWulf plans to activate its remaining slots at Lake Mariner to reach a self-mining hash rate of 3.6 EH/s.&nbsp; 
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TeraWulf Powers Up with Record Bitcoin Mining in June Amidst Enhanced Capacity

Ultramining_Eng

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