TeraWulf Reports 8.8 EH/s Installed And Operational Self-Mining Capacity, Up 76% YoY; Construction Of Building 4 At Lake Mariner Nearly Complete, Targeting >10.0 EH/s In July 2024; AI/HPC Digital Infrastructure Projects Advancing At Lake Mariner
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TeraWulf reports a significant increase in its self-mining capacity, reaching 8.8 EH/s, a 76% year-over-year growth. The construction of Building 4 at Lake Mariner is nearly complete, with a target of exceeding 10.0 EH/s by July 2024. Additionally, AI/HPC digital infrastructure projects are advancing at Lake Mariner.
July 03, 2024 | 5:06 pm
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TeraWulf has reported a 76% year-over-year increase in its self-mining capacity, now at 8.8 EH/s. The construction of Building 4 at Lake Mariner is nearly complete, with a target of exceeding 10.0 EH/s by July 2024. AI/HPC digital infrastructure projects are also advancing.
The significant increase in self-mining capacity and the near completion of Building 4 at Lake Mariner indicate strong operational growth. The advancement in AI/HPC projects further enhances TeraWulf's technological capabilities, likely boosting investor confidence and positively impacting the stock price in the short term.
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