TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility

United States-based Bitcoin mining institution TeraWulf has fired up a caller crypto mining installation successful Pennsylvania — solely moving connected atomic powerfulness generated on-site. 

In Mar. 6 statement, TeraWulf said the Nautilus Cryptomine installation is its archetypal “behind the meter” Bitcoin (BTC) mining facility, which refers to utilizing vigor straight astatine the procreation tract without traveling done the grid.

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The Nautilus Cryptomine straight sources carbon-free baseload powerfulness from the 2.5 gigawatt (GW) Susquehanna atomic procreation presumption connected site.

Paul Prager, Chairman and CEO of TeraWulf claims the Nautilus mining installation present has "arguably the lowest outgo powerfulness successful the sector, conscionable $0.02/kWh for a word of 5 years."

The institution besides revealed they person present brought online astir 8,000 mining rigs representing computing power, oregon hash rate, of 1.0 exahashes per 2nd (EH/s), with plans to different 8,000 miners by May, expanding the hash complaint to 1.9 EH/s.

TeraWulf has a 50 megawatt (MW) stock successful signifier 1 of the caller facility, a associated task with Cumulus Coin, but tin adhd an further 50 MW of BTC mining capableness successful aboriginal phases.

According to TeraWulf's website, the Nautilus Cryptomine is expected to scope 300 MW erstwhile implicit and volition beryllium among the largest mines successful North America.

The Nautilus Cryptomine installation successful Pennsylvania is solely atomic powered. Source: TeraWulf

First announced backmost successful August, 2021, the Nautilus Cryptomine installation is the effect of a concern betwixt TeraWulf's atomic mining installation subsidiary and powerfulness procreation and infrastructure institution Talen Energy Corporation. 

Phase 1 of the associated task included the 180-MW “Nautilus Cryptomine” built connected Talen’s integer infrastructure field adjacent to its atomic powerfulness procreation station.

TeraWulf generates domestically produced BTC powered by nuclear, hydro, and star vigor with a extremity of utilizing 100% zero-carbon energy.

Related: US legislators renew telephone for EPA probe of crypto mining emissions data

Concerns astir the imaginable environmental impacts of BTC mining person ramped up successful the past fewer years with heated debates astir the biology and vigor interaction surrounding the mining of crypto assets. 

Last year, New York signed a two-year moratorium banning immoderate caller fossil-fuel-powered Bitcoin miners from mounting up store wrong the state.

While successful October of 2022, Europe moved toward regulatory action connected crypto’s alleged biology interaction arsenic well.