TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility

United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site. 

In Mar. 6

Concerns around the potential environmental impacts of BTC mining have ramped up in the last few years with heated debates around the environmental and energy impact surrounding the mining of crypto assets. 

Last year, New York signed a two-year moratorium banning any new fossil-fuel-powered Bitcoin miners from setting up shop within the state.

While in October of 2022, Europe moved toward regulatory action on crypto’s alleged environmental impact as well.