Current and planned mining capacity
Company: TeraWulf - Project: Akela Data
What the later record shows
Delivered; the record does not say when
By the August 2024 10-Q, total operational capacity had risen from 210 MW to 245 MW, which means the 35 MW was online. No passage says whether it came online by June 30, 2024 or only later, before the August 12 filing.
“the Company has a total operational capacity of 210 megawatts (“MW”) and is currently constructing an additional 35 MW at its Lake Mariner Facility”
2024-05-12 · TeraWulf 10-Q filed 2024-05-13 View cached copy (2026-09-13)Live source ↗
“As of the date of this Quarterly Report, the Company has a total operational capacity of 245 megawatts”
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 has total operational capacity of 210 MW and is currently constructing additional 35 MW at Lake Mariner Facility, expected operational in mid-2024
Source (primary)
TeraWulf 10-K filed 2024-03-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Company has a total operational capacity of 210 megawatts ("MW") and is 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 total operational capacity of 210 MW and an additional 35 MW under construction at Lake Mariner, expected operational mid-2024.
Confirmed in the source:
- TeraWulf has a total operational capacity of 210 MW
- TeraWulf is constructing an additional 35 MW at its Lake Mariner Facility
- The 35 MW expansion is expected to be operational in mid-2024
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: “The Company has a total operational capacity of 210 megawatts ("MW") and is currently constructing an additional 35 MW at its Lake Mariner Facility, which is expected to be operational in mid-2024.”
confirms TeraWulf 10-Q filed 2024-08-13
Quote: “As of the date of this Quarterly Report, the Company has a total operational capacity of 245 megawatts”
confirms TeraWulf 10-Q filed 2024-05-13
Quote: “the Company has a total operational capacity of 210 megawatts (“MW”) and is currently constructing an additional 35 MW at its Lake Mariner Facility”