Project Nautilus NYSEG hydroelectric power supply
Company: TeraWulf - Project: Nautilus
The claim, verbatim
TeraWulf's Project Nautilus facility in Tompkins County, New York harnesses hydroelectric power sourced from NYSEG's grid
Source (primary)
BlueCrest Capital Management Ltd Invests $11.95 Million in TeraWulf Inc. $WULF - MarketBeat (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗
Quote: “One of TeraWulf's flagship projects is "Project Nautilus," located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document explicitly describes Project Nautilus in Tompkins County, NY as harnessing hydroelectric power from the NYSEG grid, matching every assertion.
Confirmed in the source:
- TeraWulf's Project Nautilus is located in Tompkins County, New York
- Project Nautilus harnesses hydroelectric power sourced from the NYSEG grid
What we did: Read our cached copy of the publisher (https://www.marketbeat.com/instant-alerts/filing-bluecrest-capital-management-ltd-invests-1195-million-in-terawulf-inc-wulf-2026-09-10/) in full (17,663 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms BlueCrest Capital Management Ltd Invests $11.95 Million in TeraWulf Inc. $WULF - MarketBeat
Quote: “One of TeraWulf's flagship projects is "Project Nautilus," located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.”