Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project
TeraWulf, the Bitcoin miner that has been shifting into data center services, is lining up about $3 billion in debt financing to bankroll a large build-out of facilities — and Google is closely tied to the deal, according to reports. Related Reading: Philippines Authorities Move To Put Key Public Records On Blockchain After Mass Protests […]
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Tether, the company behind the widely used USDT stablecoin, is said to be in talks for one of the biggest private fundraisings in crypto history. Related Reading: Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project According to multiple reports, the firm is exploring a $15 billion to $20 billion equity raise that could […]
Galaxy Digital chief executive Mike Novogratz said a very dovish choice to lead the Federal Reserve could push Bitcoin into a major rally, even as he warned such a shift would carry serious costs for the US. Related Reading: Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project According to Novogratz, if the next […]
Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of capacity, 11 days later, the company has revealed the operation of nearly 12,000 miners at the facility in New York. Between the owned and hosted hashing capacity at Lake Mariner, Terawulf has 1.3 exahash per second (EH/s) of hashpower. Terawulf Says 12,000 Mining Rigs Are Operational in New York, Site Currently Produces 1.3 Exahash The bitcoin mining firm Terawulf (Nasdaq: WULF) has detailed its recent miner....
The company was recently listed on the Nasdaq in a reverse merge with IKONICS.
Bitcoin mining company TeraWulf has ordered 30,000 Antminers from Bitmain as it seeks to increase its hash rate to top-ten levels.