TeraWulf Inc. (Nasdaq: WULF) right now offered an unaudited month-to-month manufacturing and operations replace for March 2024.
March 2024 Manufacturing and Operations Highlights
- Self-mined 379 bitcoin in March with a mean manufacturing fee of 12.2 bitcoin per day.
- Energy value averaged $13,798 per bitcoin self-mined, or roughly $0.035/kWh in March, which excludes the good thing about anticipated demand response or ancillary companies proceeds.
- Put in hash fee elevated month-over-month to eight EH/s exiting March, primarily because of the alternative of roughly 1,000 older technology miners with S19k Professional miners.
- In early April, a further 3,000 S19k Professional miners are anticipated to be delivered and energized on the Lake Mariner facility and deployed to exchange older technology miners and increase the miner fleet.
Key Metrics 1 | March 2024 | February 2024 | ||
Bitcoin Self-Mined Lake Mariner | 290 | 276 | ||
Bitcoin Self-Mined Nautilus 2 | 89 | 88 | ||
Worth per Bitcoin Self-Mined 3 | $67,354 | $49,080 | ||
Energy Value per Bitcoin Self-Mined | $13,798 | $13,968 | ||
Avg. Working Hash Price (EH/s) 4 | 7.6 | 7.5 |
Administration Commentary
“Along with changing older technology miners, throughout March, Lake Mariner applied third-party firmware throughout a good portion of our mining fleet, with preliminary outcomes indicating a possible 10% effectivity enchancment,” stated Sean Farrell, SVP of Operations at TeraWulf.
Farrell additional said, “Moreover, Lake Mariner continues to actively interact in demand response applications. Our latest enlargement of certified capability inside the NYISO Working Reserve program displays our ongoing dedication to operational effectivity and useful resource administration.”
Manufacturing and Operations Replace
Operational infrastructure capability consists of 160 MW on the Lake Mariner facility and 50 MW on the Nautilus Cryptomine, leading to a mixed self-mining hash fee of 8 EH/s as of the top of March. On common, the mining services operated at 95% of their put in nameplate capability, attributed to proactive demand response participation, efficiency optimization efforts, and systematic upkeep procedures.
Building of Constructing 4 (35 MW) on the Lake Mariner facility stays on monitor to be accomplished by mid-2024, which is predicted to extend TeraWulf’s whole operational capability to roughly 10 EH/s.
As beforehand introduced, the Firm is pursuing a possible large-scale, high-performance computing (HPC) mission on the Lake Mariner website and has dedicated an preliminary 2 MW block of energy, able to deploying 1000’s of the newest technology graphics processing models (GPUs).