TeraWulf Inc. (Nasdaq: WULF) at the moment 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 median manufacturing charge 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 charge 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, an extra 3,000 S19k Professional miners are anticipated to be delivered and energized on the Lake Mariner facility and deployed to interchange older technology miners and develop 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 Price per Bitcoin Self-Mined | $13,798 | $13,968 | ||
| Avg. Working Hash Charge (EH/s) 4 | 7.6 | 7.5 | ||
Administration Commentary
“Along with changing older technology miners, throughout March, Lake Mariner carried out 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 have interaction in demand response applications. Our latest growth of certified capability throughout 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 charge of 8 EH/s as of the top of March. On common, the mining amenities operated at 95% of their put in nameplate capability, attributed to proactive demand response participation, efficiency optimization efforts, and systematic upkeep procedures.
Development of Constructing 4 (35 MW) on the Lake Mariner facility stays on observe to be accomplished by mid-2024, which is anticipated 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 web site and has dedicated an preliminary 2 MW block of energy, able to deploying hundreds of the newest technology graphics processing items (GPUs).
