Bitcoin mining company TeraWulf released its second quarter financial report recently. The data shows that TeraWulf produced 699 BTC during this period, which is 21% less compared to the same quarter last year. Although there was a decrease in production, the company's income was not significantly affected, reaching $35.6 million, slightly above the market's average prediction of $35.4 million. Additionally, TeraWulf disclosed its earnings per share, showing a loss of $0.03, which is lower than the previous estimate of $0.02. It is noteworthy that the cost of Bitcoin mining increased significantly in the second quarter, rising by 243% from $6,688 per BTC to $22,954 per BTC.