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Terawulf, a bitcoin miner using nuclear power, releases update; benefiting from low electricity costs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent statement, Terawulf announced its bitcoin mining update months after launching a first-of-its-kind nuclear-powered Nautilus facility in the United States. Terawulf electricity costs advantage According to Terawulf, they actualized their goal of adding an extra

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Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI

Given recent developments, "the time may be right to expand into this sector," using either Iris Energy's existing sites or the ones under construction, the company said. The miner has procured items with long lead times to expand to build out another 100 megawatt (MW) facility, which would bring its

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El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment

A public-private partnership in El Salvador pledging to pump $1 billion into creating a Bitcoin (BTC) mining farm has received its first $250 million. This first release of funds kickstarts a 241-megawatt (MW) power generation park in the country’s Metapán region.Volcano Energy, the company behind the site, said the funds

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