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TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin.

TeraWulf, the world’s sixth-largest Bitcoin mining firm, is set to launch a new Bitcoin mining facility at the end of September, along with a potential partnership with a Magnificent Seven company.

The new Bitcoin (BTC) mining facility is set to go live at the beginning of September, according to Nazar Khan, co-founder and chief operating officer of TeraWulf.

Khan told Cointelegraph in an exclusive interview:

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