Bitcoin mining company Terawulf sells 25% of its nuclear-powered mining facility

Oct 04, 2024 10:19:37

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ChainCatcher news, Bitcoin mining company Terawulf has sold a 25% stake in its nuclear-powered Nautilus Bitcoin mining facility in Pennsylvania to joint venture partner Talen Energy for $92 million, with plans to reinvest the proceeds into high-performance computing (HPC) and artificial intelligence data centers, which are expected to be operational in the first quarter of 2025.

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