TeraWulf (WULF) Announces Commencement of Mining Sustainable, Low-Cost Bitcoin

Go back to TeraWulf (WULF) Announces Commencement of Mining Sustainable, Low-Cost Bitcoin

TeraWulf Announces Commencement of Mining Sustainable, Low-Cost Bitcoin

March 4, 2022 8:00 AM EST

EASTON, Md., March 4, 2022 /PRNewswire/ -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), which was formed to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States, today announced the commencement of mining operations at its Lake Mariner facility in upstate New York using more than 90% zero-carbon energy. The Lake Mariner facility is expected to reach over 500 megawatts of capacity once complete.

The Company also continues to expect to begin mining at its Nautilus Cryptomine facility in Pennsylvania early in the third quarter of 2022 where it... More