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Seeking Alpha
2023-03-08 13:41:29

TeraWulf reports 82% increase in self-mining hash rate

TeraWulf reports 82% increase in self-mining hash rate

Bitcoin mining company TeraWulf ( NASDAQ: WULF ) was trading +2.00% pre-market on Wednesday after reporting an 82% M/M increase in February self-mining hash rate. The company said its February average operating hash rate stood at 2.0 EH/s, exiting the month with 2.6 EH/s of self-mining capacity. TeraWulf said it self-mined 143 bitcoin during the month, with an average production rate of 5 bitcoin per day. Additionally, WULF commenced mining at the Nautilus Cryptomine facility in February. The company is set to release its Q4 results on Thursday, March 30, at 5:00 p.m. ET. Source: Press Release

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