Nautilus nuclear power contract
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Nautilus Cryptomine Facility powered by 100% behind-the-meter zero-carbon nuclear energy at fixed rate of 2.0 cents per kWh for 5-year term with two successive 3-year renewal options
Source (primary)
TeraWulf S-3/A filed 2024-03-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Nautilus Cryptomine Facility represents the first bitcoin mining facility site that is powered by 100% "behind the meter" zero-carbon nuclear energy, which is contracted at a fixed rate of 2.0 cents per kilowatt-hour ("kWh") for a term of five years with two successive three-year renewal options.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document establishes the power source, rate, and contract term with renewal options.
Confirmed in the source:
- The Nautilus Cryptomine Facility is powered by 100% behind-the-meter zero-carbon nuclear energy
- The energy is contracted at a fixed rate of 2.0 cents per kWh
- The contract term is five years with two successive three-year renewal options
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000058/terawulfincs-3a3tobefiled.htm) in full (101,409 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf S-3/A filed 2024-03-08
Quote: “Nautilus Cryptomine Facility represents the first bitcoin mining facility site that is powered by 100% "behind the meter" zero-carbon nuclear energy, which is contracted at a fixed rate of 2.0 cents per kilowatt-hour ("kWh") for a term of five years with two successive three-year renewal options.”