TeraWulf, a leading player in the Bitcoin mining industry, is preparing to launch its latest 2-megawatt facility, WULF Den, at the start of September.

This state-of-the-art facility features a liquid-cooled system and was rapidly constructed within an existing building to speed up the deployment process.

The WULF Den facility is part of TeraWulf’s broader strategy to expand its operations, with plans to bring a larger 20-megawatt facility online by the end of the year.

In addition to this expansion, TeraWulf is actively engaged in discussions with major technology companies, including members of the Magnificent Seven—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. These potential partnerships could involve leveraging TeraWulf’s substantial computing power for data centers or large AI firms.

Financially, TeraWulf is recognized as one of the most profitable Bitcoin miners on a per-share basis, with an average production cost of around $40,000 per Bitcoin. Unlike Marathon Digital Holdings, which opts to hold Bitcoin as a reserve asset, TeraWulf’s strategy involves daily sales to maximize profit margins.

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