TeraWulf, Cipher Post 4–5% AI Returns vs Core Scientific's 75% Outlier
Miners have signed 19 hyperscaler deals worth $135B in two years, but only Core Scientific's CoreWeave contract clears the bar on returns. Cipher and TeraWulf sit at 4-5%.
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Miners have signed 19 hyperscaler deals worth $135B in two years, but only Core Scientific's CoreWeave contract clears the bar on returns. Cipher and TeraWulf sit at 4-5%.
The mid-June difficulty cut confirmed a thesis the floor argument never wanted to accept: Bitcoin can trade well below average cost and the network keeps running, with public miners dumping treasury…