TeraWulf Ditches Bitcoin for AI: A Tale of Hashes and Hysteria! 🤑🤖

On the fateful Tuesday of November 11, TeraWulf’s financials revealed a plot twist worthy of a Gogol novella: a deliberate pivot from mining to the high-margin allure of AI infrastructure. 📉💸 The firm’s Q3 report, a veritable tragedy in numbers, showed a mere 377 BTC mined-a far cry from the 438 expected by those ever-hopeful analysts. Was this underperformance a blunder? Nay! ’Twas a calculated act of defiance, as uptime plummeted to 70% and the hashrate slithered to 8.5 EH. The rigs, once humming with purpose, were silenced, their energy redirected to the glittering altars of HPC. Mining revenue? A paltry $7.2 million, though the firm doth boast of its maiden quarter’s earnings. 🕯️







