2023-04-06 10:03:27 ET
- TeraWulf ( NASDAQ: WULF ) said on Thursday its March average operating hash rate increased by 50% on a monthly basis to 3.0 EH/s.
- The bitcoin mining company self-mined 233 bitcoin during the month, with an average production rate of 7.5 bitcoin per day.
- TeraWulf said its power cost remained consistent with the target of $0.035/kWh across its two mining sites, with an average cost of $7.0k per bitcoin produced, or ~$0.032/kWh.
- As of March 31, the company had an operational miner fleet of ~27.2K miners.
- Source: Press Release
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TeraWulf increases operating hash rate by 50% in March