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Bitcoin miner TeraWulf plans to deploy 800 megawatts of mining capacity by 2025

Bitcoin miner TeraWulf plans to deploy 800 megawatts of mining capacity by 2025

2022/3/18

According to reports, Green Bitcoin miner TeraWulf today announced the progress of its mining operations and digital asset infrastructure. TeraWulf says it is developing two fully integrated environmentally clean bitcoin mining facilities, Lake Mariner in New York and Nautilus Cryptomine in Pennsylvania, to deploy 800 megawatts of mining capacity by 2025, achieving more than 23 megawatts per second. The expected hashrate of exahash. The company announced that the Lake Marine facility would begin mining operations on March 4, 2022, utilizing more than 90 percent zero-carbon energy. TeraWulf currently expects to have 4,000 bitcoin miners operating at the facility by April. The company expects to begin mining at the Nautilus facility in the third quarter of 2022, and once completed, 150 megawatts of mining capacity will be provided by TeraWulf.

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