TeraWulf Launches Nuclear Power Plant Mining

TeraWulf Launches Nuclear Power Plant Mining

The American mining company TeraWulf has announced the launch of the Bitcoin production site, which receives 100% energy from the nuclear power plant. A joint Nautilus object with Cumulus Coin with a capacity of 200 MW is connected to the Saskuekhanna nuclear power plant in Pennsylvania. The press release states that this is the first in the USA the Bitcoin mining site, which works 100% of nuclear energy.

The share of TeraWulf at the facility is 50 MW (25%), which it plans to fully use to May. The company has already connected almost 8 thousand miners to the network, which corresponds to the hashing rate in about 1 EH/S. She plans to deploy as many more devices in the coming weeks and bring her hashrate to 1.9 eh/s. In addition, TeraWulf intends to further increase its power in Nautilus by another 50 MW.

According to CEO TeraWulf Paul Prager, Bitcoin mining on this site is beneficial, since the electricity tariff is one of the lowest in the sector. For five years, the company will pay only $ 0.02 per kW/h.

TeraWulf expects that taking into account another Lake Mariner object in New York by the beginning of the second quarter, the number of mining devices it you have reached 50 thousand with a total hash of 5.5 EH/S and a capacity of 160 MW.

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