**TeraWulf Selling Shares in Nautilus: Smart Move or Caught? 🤔** - TeraWulf, a Bitcoin mining company, just sold its 25% stake in the Nautilus Cryptomine joint venture to Talen Energy for $92 million. What's the money for? Make an expansion, please!

- They will build a 20 MW CB-1 facility at Lake Mariner for hosting AI and HPC data centers. Not only that, they are also completing the fifth mine building, MB-5, with a target capacity of 13 EH/s in early 2025. Mining efficiency? 18.2 H/TH!

- TeraWulf CEO, Paul Prager, said this step was to take advantage of the cheap electricity contract which will expire in 2027. So, they can focus on Lake Mariner where electricity costs are lower.

- TeraWulf Q2 2024 Results? BTC mined fell 21% to 699 BTC, but revenue rose slightly to $35.6 million. Unfortunately, the loss per share was larger than expected.

- Curious about TeraWulf's next move? Let's discuss in the comments column!