TeraWulf Launches First Nuclear-Powered Bitcoin Mining Facility in the US
TeraWulf, a company that focuses on environmentally clean mining operations, has announced the launch of Nautilus Cryptomine, the first nuclear-powered Bitcoin mining facility in the United States. The facility sources carbon-free and 24×7 baseload power from the 2.5 GW Susquehanna nuclear generation station located in Pennsylvania.
According to the official press release, TeraWulf has bought nearly 8,000 mining rigs online, representing a hash rate of nearly 1.0 exahash per second (EH/s). Another 8,000 mining rigs are expected to be energized over the next few weeks, which would catapult the capacity at the Nautilus facility to 50 MW and 1.9 EH/s by May.
The Nautilus nuclear-powered mining facility benefits from what is known as “baseload power,” which is a constant and reliable source of electricity that is not dependent on weather conditions. This means that the facility can operate 24×7 without any interruptions, making it an ideal location for Bitcoin mining.
Paul Prager, Chairman and CEO of TeraWulf, said, “The Nautilus nuclear-powered mining facility benefits from what is known as baseload power, which is a constant and reliable source of electricity that is not dependent on weather conditions. This means that we can operate our mining rigs 24×7 without any interruptions, making it an ideal location for Bitcoin mining.”
The launch of the Nautilus Cryptomine is a significant milestone for TeraWulf and the Bitcoin mining industry as a whole. It demonstrates the company’s commitment to environmentally clean mining operations and its ability to leverage innovative technologies to achieve this goal. With the launch of the Nautilus facility, TeraWulf is well-positioned to become a leader in the Bitcoin mining industry and set a new standard for sustainable mining practices.
