Total miners deployed
Company: TeraWulf - Project: Nautilus
The claim, verbatim
As of June 30, 2023, TeraWulf had approximately 50,000 miners deployed across two facilities: 34,000 at Lake Mariner and 16,000 at Nautilus
Source (primary)
TeraWulf S-3 filed 2023-09-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “with approximately 50,000 miners deployed, comprised of 34,000 operational miners at the Lake Mariner Facility (including 5,000 hosted miners) and 16,000 self-miners at the Nautilus Cryptomine Facility”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states approximately 50,000 miners were deployed, with 34,000 at Lake Mariner and 16,000 at Nautilus.
Confirmed in the source:
- As of June 30, 2023, TeraWulf had approximately 50,000 miners deployed
- 34,000 operational miners were at the Lake Mariner Facility and 16,000 self-miners at the Nautilus Cryptomine Facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000162828023033307/terawulfincs-3.htm) in full (79,200 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf S-3 filed 2023-09-29
Quote: “with approximately 50,000 miners deployed, comprised of 34,000 operational miners at the Lake Mariner Facility (including 5,000 hosted miners) and 16,000 self-miners at the Nautilus Cryptomine Facility”