TechFlow reports that TeraWulf, the world's sixth-largest Bitcoin mining company, plans to launch a new Bitcoin mining facility by the end of September and may collaborate with one of the "Magnificent Seven" tech giants.
The new 2-megawatt facility, named "WULF Den," will begin operations in early September and features liquid cooling technology. The company is actively engaging with major tech firms to seek strategic partnerships for joint development.
TeraWulf’s production cost is approximately $40,000 per Bitcoin, making it one of the most profitable Bitcoin miners on a per-coin basis.
In addition, TeraWulf plans to launch a landmark 20-megawatt mining facility by the end of 2024, further expanding its mining operations.
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