TeraWulf self-mined 323 Bitcoins in November
TeraWulf, a cryptocurrency mining enterprise, released its production and operation updates for November. The company's self-mined Bitcoin production reached 323 coins, a 3% increase from October. The average electricity cost for producing one Bitcoin is 11,300 USD, equivalent to 0.037 USD/kWh. Sean Farrell, the Senior Vice President of Operations, stated that this is due to high network transaction fees and the availability of over 95% of the 5 EH/s self-mining capacity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altcoin Season’s Return: Indications to Watch Out For
Renewed Risk-On Sentiment Fuels Q2 2025 Altcoin Market Revival: Insights & Indicators Revealed
CoinShares Sees Fourth Straight Week of Digital Asset Inflows
Bitcoin Surges, Pi and Altcoins See Significant Gains
Arbitrum Inflows Surge, Ethereum Sees Outflows
Trending news
MoreCrypto prices
More
