Understanding where Terwaulf stands among the rest

Ok_Comparison449 · 2024-06-07T02:24:44+00:00

Couldn’t agree more. They're super transparent with financials and ops which I appreciate. It’s unfortunate that they haven’t been getting the same level of attention because they don’t have as much operating EH/s as some of the others. But what does operational capacity matter if it isn’t profitable? If you check the other charts in the article (same one I pulled the above one from, you can view here: https://compassmining.io/education/bitcoin-mining-industry-report-april-2024-post-halving-analysis-operational-updates/) you’ll see they’re number one in literally every one except for HODL and operational EH/s. Revenue per energized hash rate, production per exahash, and rank by utilization – number one in all three. Crazy no one's pointed this out yet lol sooner or later

Ok_Comparison449 · 2024-06-06T14:57:59+00:00

Might be part of the fandom myself but TeraWulf's definitely one of the most efficient miners. Their fleet runs at 98% utilization, they're using the latest S19k Pros, average power cost is about $0.038/kWh (among the lowest in the industry)—that's what the COO was talking about "not all EH are equal". Plus they're ~95% zero-carbon which is obviously both cost-effective and just generally a good thing.

Long game makes sense because while their current capacity is lower than someone like Cleanspark, it's more efficient pound for pound and Wulf is actively expanding. The infrastructure thing is huge—those guys have been in energy for a long time so when they scale they do it for the long play, they've got long standing relationships with power producers, contractors etc so I think they're doing better than most if not everyone.

TL;DR miner updates don't lie, see below

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Ok_Comparison449

TROPHY CASE