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TeraWulf self-mined 323 Bitcoins in November

TeraWulf self-mined 323 Bitcoins in November

CointimeCointime2023/12/04 22:30
By:Cointime

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.

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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.

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