TeraWulf Inc. (Nasdaq: WULF) today provided an unaudited monthly production and operations update for March 2024.
March 2024 Production and Operations Highlights
- Self-mined 379 bitcoin in March with an average production rate of 12.2 bitcoin per day.
- Power cost averaged $13,798 per bitcoin self-mined, or approximately $0.035/kWh in March, which excludes the benefit of expected demand response or ancillary services proceeds.
- Installed hash rate increased month-over-month to 8 EH/s exiting March, primarily due to the replacement of approximately 1,000 older generation miners with S19k Pro miners.
- In early April, an additional 3,000 S19k Pro miners are expected to be delivered and energized at the Lake Mariner facility and deployed to replace older…
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