TeraWulf’s Kentucky AI build shows miners are abandoning pure Bitcoin economics
TeraWulf’s Kentucky AI build shows miners are abandoning pure Bitcoin economics
The Muskie Data Campus in eastern Kentucky is expected to support more than 1 GW of data center capacity on a roughly 285-acre parcel inside a 1,000-acre industrial park.TeraWulf says the first 500 MW should begin delivery in the second half of 2028, with a second 500 MW phase targeted for the second half of 2030.The company reported $34 million in Q1 revenue, including $21 million from HPC leasing, showing AI compute has already become more important than hashprice-driven mining revenue.