TeraWulf (WULF) Updates Mining Operations and Cost-Reduction Initiatives

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Go back to TeraWulf (WULF) Updates Mining Operations and Cost-Reduction Initiatives

TeraWulf Updates Mining Operations and Cost-Reduction Initiatives

November 28, 2022 8:30 AM EST

Previously Announced Initiatives Enable Operational Resiliency in a Low-Priced Bitcoin Environment

Lake Mariner Operations Not Impacted by Recently Signed Moratorium in New York State

EASTON, Md.--(BUSINESS WIRE)-- TeraWulf Inc. (Nasdaq: WULF) (TeraWulf or the Company), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more than 91% zero-carbon energy, today provided an operational update and more detail regarding its cost-reduction initiatives that are underway to ensure the Company maintains greater resiliency in a low-priced Bitcoin environment. The Company also... More