TeraWulf Inc. (Nasdaq: WULF) in the present day supplied an unaudited month-to-month manufacturing and operations replace for March 2024.
Highlights of manufacturing and operations for March 2024
- Personal mining of 379 bitcoins in March with a mean manufacturing fee of 12.2 bitcoins per day.
- Energy prices averaged $13,798 per bitcoin in personal energy, or about $0.035/kWh in March, not together with the advantage of anticipated demand response or ancillary service revenues.
- The put in hash fee elevated to eight EH/s month-over-month since March, primarily because of the alternative of roughly 1,000 older technology miners with S19k Professional miners.
- An extra 3,000 S19k Professional miners on the Lake Mariner facility are anticipated to be delivered and deployed in early April to interchange older technology miners and broaden the miner fleet.
| Key metrics 1 | March 2024 | February 2024 | ||
| Bitcoin self-mined Lake Mariner | 290 | 276 | ||
| Bitcoin manually mined by Nautilus 2 | 89 | 88 | ||
| Worth for a self-mined bitcoin 3 | 67,354 {dollars} | $49,080 | ||
| Vitality value for bitcoins by personal mining | $13,798 | $13,968 | ||
| Avg. Operational Hash Price (EH/s) 4 | 7.6 | 7.5 | ||
Administration remark
“Along with changing older technology miners throughout March, Lake Mariner applied third-party firmware on 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, “As well as, Lake Mariner continues to be actively concerned in demand response packages. Our current growth of certified capability below the NYISO Working Reserve Program displays our ongoing dedication to operational effectivity and useful resource administration.”
Manufacturing and operation replace
The operational capability of the infrastructure consists of 160 MW on the Lake Mariner facility and 50 MW on the Nautilus cryptomine, leading to a mixed self-mining of 8 EH/s as of the tip of March. On common, mining amenities operated at 95% of their put in rated capability, attributed to proactive participation in demand response, efficiency optimization efforts and systematic upkeep practices.
Building of Constructing 4 (35 MW) on the Lake Mariner facility stays on monitor for completion by mid-2024, which ought to enhance TeraWulf’s whole working capability to roughly 10 EH/s.
As beforehand introduced, the corporate is shifting ahead with a possible large-scale high-performance computing (HPC) venture on the Lake Mariner web site, committing to an preliminary 2 MW block of energy able to deploying hundreds of the newest technology graphics processing models (GPUs).
