Commissioning of WULF Den
TeraWulf, one of the leading bitcoin miners, has announced the launch of a new data centre called WULF Den with a capacity of 2 MW. The facility is expected to be operational by the end of September 2024. The centre will be equipped with liquid cooling systems for efficient cryptocurrency mining.
Plans for further expansion
TeraWulf plans to launch another industrial data centre with a capacity of 20 MW by the end of 2024. This facility will be a key part of the company’s strategy to expand its bitcoin mining capacity.
Cooperation with technology giants
TeraWulf is actively looking for partners among the world’s leading technology companies, such as Apple, Microsoft, Alphabet, Meta, and Nvidia. The company’s co-founder Nazar Khan noted that negotiations are underway with several potential clients, including representatives of the AI sector, who may be interested in cooperation based on the capacities of TeraWulf data centres.
Opportunities for cooperation in the AI sector
Many experts believe that partnerships between bitcoin miners and AI companies can be extremely profitable. According to the investment firm VanEck, such cooperation can bring in up to $14 billion a year, creating new opportunities for both industries.