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Bitcoin mining company TeraWulf had a total revenue of 15 million dollars in 2022, with fourth-quarter revenue reaching 9.6 million dollars

2023-03-31 10:18:47

ChainCatcher news, Bitcoin mining company TeraWulf released its Q4 and full-year financial report for 2022, generating $15 million in revenue and self-mining 524 bitcoins in 2022. Compared to the $3.9 million revenue in Q3 2022, TeraWulf's revenue in Q4 2022 increased by 146%, reaching $9.6 million.

As of February 28, 2023, TeraWulf's self-mining hash rate was 2.6 EH/s, with approximately 26,000 mining machines deployed, including 18,000 operational mining machines at the Lake Mariner facility (13,000 self-mining machines and 5,000 hosted machines) and 8,000 self-mining machines at the Nautilus facility. (Source link)

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