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TeraWulf Inc. Boosts Mining Capacity and Revenue Potential
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TeraWulf Inc. Boosts Mining Capacity and Revenue Potential

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TeraWulf Inc ( (WULF) ) has provided an announcement.

TeraWulf Inc. announced a significant update in its December 2024 production and operations, highlighting a 94% year-over-year increase in self-mining capacity to 9.7 EH/s and earning 158 self-mined bitcoin for the month. The company has secured high-performance computing data center leases with Core42, representing over $1 billion in potential revenue over a 10-year term, marking a strategic entry into HPC hosting and underscoring demand for its sustainable digital infrastructure.

More about TeraWulf Inc

TeraWulf Inc. is a leading owner and operator of vertically integrated, next-generation digital infrastructure predominantly powered by zero-carbon energy in the United States. The company specializes in environmentally sustainable data center infrastructure designed for Bitcoin mining and high-performance computing, leveraging hydroelectric and nuclear power sources.

YTD Price Performance: 0.0%

Average Trading Volume: 27,217,717

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.11B

See more insights into WULF stock on TipRanks’ Stock Analysis page.

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