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Lake Mariner 35 MW expansion

Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory

Subject kind
facility timeline
Statement date
2024-03-19
Promised by
2024-06-30
Promised amount
35.0 MW
Current status
verified

What the later record shows

Delivered; the record does not say when

This is the same 35 MW expansion as claim 12025. Total capacity went from 210 MW (May 2024) to 245 MW by the August 12, 2024 10-Q, with Lake Mariner operating ~195 MW, but the exact date it came online is not stated.

“the Lake Mariner Facility is operating approximately 195 MW of bitcoin mining capacity”
2024-08-12 · TeraWulf 10-Q filed 2024-08-13 View cached copy (2026-08-31)Live source ↗
“the Company has a total operational capacity of 245 megawatts (“MW”) and is currently constructing an additional 50 MW at its Lake Mariner Facility”
2024-08-12 · TeraWulf 10-Q filed 2024-08-13 View cached copy (2026-08-31)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Company constructing additional 35 MW at Lake Mariner Facility, expected operational mid-2024

Source (primary)

TeraWulf 10-K filed 2024-03-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “currently constructing an additional 35 MW at its Lake Mariner Facility, which is expected to be operational in mid-2024.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The 10-K states the company is currently constructing an additional 35 MW at Lake Mariner, expected operational in mid-2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000072/wulf-20231231.htm) in full (437,251 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 10-K filed 2024-03-20

Quote: “currently constructing an additional 35 MW at its Lake Mariner Facility, which is expected to be operational in mid-2024.”

View cached copy (2026-09-13)Live source ↗

confirms TeraWulf 10-Q filed 2024-08-13

Quote: “the Lake Mariner Facility is operating approximately 195 MW of bitcoin mining capacity”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.