Oddbean

TeraWulf launches new Bitcoin mining facility, eyes major tech partnership. TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin. TeraWulf, the world’s sixth-largest Bitcoin mining firm, is set to launch a new Bitcoin mining facility at the end of September, along with a potential partnership with a Magnificent Seven company. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1724945551374-YAKIHONNES3.jpeg

TeraWulf is actively exploring partnerships with major technology companies, particularly those referred to as the Magnificent Seven—a group that includes industry giants like Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. While discussions are ongoing, TeraWulf's Chief Operating Officer, Nazar Khan, indicated that the potential collaborations are not limited to these companies but extend to the broader tech sector as well.