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TeraWulf’s HPC leasing revenue jumps 52%, widening lead over bitcoin mining

Covered by 2 sources · 2 articles

2 outlets - including Crypto-economy and Theblock - are covering this story. Mining and energy infrastructure company TeraWulf reported that its high-performance computing (HPC) leasing revenue grew 52% quarter-over-quarter to reach $31.9 million. Patrick Fleury, Chief Financial Officer of the firm, highlighted duri…

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Crypto Economy Aug 5, 19:22 UTC

TeraWulf Expands Beyond Bitcoin as HPC Leasing Revenue Jumps 52%

Mining and energy infrastructure company TeraWulf reported that its high-performance computing (HPC) leasing revenue grew 52% quarter-over-quarter to reach $31.9 million. Patrick Fleury, Chief Financial Officer of the firm, highlighted duri…

TeraWulf’s HPC leasing revenue jumps 52%, widening lead over bitcoin mining
The Block Aug 5, 17:09 UTC

TeraWulf’s HPC leasing revenue jumps 52%, widening lead over bitcoin mining

HPC leasing accounted for roughly 71% of TeraWulf's $44.8 million in Q2 revenue, up from 62% in the prior quarter.