Techub News reports, according to The Block, that TeraWulf, a publicly listed Bitcoin mining company, has reported its second-quarter financial results, showing that its net loss for the first half of this year has widened to over $79 million due to ongoing investments in high-performance computing and mining operations. Revenue in the second quarter increased from $34.4 million in the first quarter to $47.6 million. After accounting for depreciation, operating costs were approximately $22 million, a quarter-on-quarter increase from $13.9 million in the second quarter of 2024. Its stock price rose nearly 3% at the opening but is currently down nearly 4%, at $4.71.