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Aggregate mining capacity expected by Q2 2023

Company: TeraWulf

Subject kind
facility capacity
Statement date
2023-03-30
Promised by
2023-06-30
Promised amount
160.0 MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Same as claim 12884: buildout was substantially complete by June 30, 2023, but no passage confirms the 160 MW / 50,000 miner / 5.5 EH/s aggregate figure.

“the construction activities at the Lake Mariner Facility and the Nautilus Cryptomine Facility substantially complete as of June 30, 2023”
2023-08-13 · TeraWulf 10-Q filed 2023-08-14 View cached copy (2026-09-13)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

TeraWulf's facilities are expected to reach an aggregate 160 MW of net bitcoin mining capacity with capacity to support 50,000 miners and over 5.5 EH/s of computational power in Q2 2023.

Source (primary)

TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “TeraWulf's facilities are expected to reach an aggregate 160 MW of net bitcoin mining capacity with a capacity to support 50,000 miners and over 5.5 EH/s of computational power in the second quarter of 2023.”

How we checked this

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

The 10-K states each of these figures and the second-quarter 2023 timing.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000155837023005301/wulf-20221231x10k.htm) in full (569,235 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 10-K filed 2023-03-31

Quote: “TeraWulf's facilities are expected to reach an aggregate 160 MW of net bitcoin mining capacity with a capacity to support 50,000 miners and over 5.5 EH/s of computational power in the second quarter of 2023.”

View cached copy (2026-09-13)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.