News with the tag "TeraWulf"

Bitcoin miner TeraWulf has posted a net loss of $61.4 million in the first quarter of 2025, more than six times its Q1 2024 losses, underscoring the post-halving pressure bearing down on the crypto mining sector. According to the company’s May 9 earnings report, revenue for the quarter dropped 19% y...

TeraWulf is moving into AI by leasing data center space to Core42. This deal will help the company provide over 70 MW of power at its Lake Mariner facility. This shift from Bitcoin mining to AI will bring in more money and meet the growing need for energy-efficient infrastructure . TeraWulf Expands ...

TeraWulf Diversifies With AI and Cloud Computing Bitcoin mining firm TeraWulf has announced a strategic move to diversify its operations by leasing over 70 megawatts (MW) of data center infrastructure to AI and cloud services provider Core42 . The leased infrastructure, located at TeraWulf’s Lake Ma...

TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficultly climbs and profitability shrinks.

Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services. Terawulf Secures Key AI Data Center Deal with G42’s Cor...

Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.

Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.

TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf’s success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitco...

TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets.