Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive
Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event.
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Jun 7, 2023 at 7:07 p.m. UTC
Jun 7, 2023
TeraWulf
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Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.
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May 17, 2023 at 5:30 p.m. UTC
May 17, 2023
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NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.
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Apr 14, 2023 at 3:57 p.m. UTC
Apr 14, 2023
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Bitcoin Miner TeraWulf Reports 146% Increase in Revenue as It Ramps Up Operations
The company reiterated its 5.5 EH/s computing power target for the second quarter of this year.
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Mar 30, 2023 at 9:24 p.m. UTC
Mar 30, 2023
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TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
TeraWulf has begun operations at its Nautilus Cryptomine facility – the first nuclear-powered bitcoin mining facility in the U.S. – with nearly 8,000 mining rigs online repres...
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Mar 6, 2023 at 9:11 p.m. UTC
Mar 6, 2023
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TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
The miner also said it expects to reach 5.5 EH/s of computing power across its two sites by early in the second quarter.
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Mar 6, 2023 at 3:33 p.m. UTC
Mar 6, 2023
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Bitcoin Miner TeraWulf Restructures Debt
A slew of mining firms have restructured their debt loads while others are facing bankruptcy.
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Feb 2, 2023 at 4:02 p.m. UTC
Feb 2, 2023
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Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts
The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet.
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Dec 12, 2022 at 3:03 p.m. UTC
Dec 12, 2022
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Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
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Nov 14, 2022 at 10:56 p.m. UTC
Nov 14, 2022
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TeraWulf Adds $50M in Debt to Build Data Center Infrastructure
The miner aims to seize opportunities created by the market slump.
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Jul 5, 2022 at 3:29 p.m. UTC
Jul 5, 2022