Nautilus Cryptomine facility capacity: 200 MW initial, expandable to 300 MW by May 13, 2024
Company: TeraWulf - Project: Nautilus
The claim, verbatim
The Nautilus Cryptomine facility will initially require 200 MW of electric capacity, expandable by up to 100 MW to reach 300 MW total capacity, with Cumulus Member having the right to expand prior to May 13, 2024
Source (primary)
TeraWulf 8-K filed 2023-03-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Nautilus Cryptomine facility will initially require 200 MW of electric capacity, and the Cumulus Member may elect to expand the energy requirement by up to 100 MW, funded solely by the Cumulus Member, prior to May 13, 2024, for a total capacity of 300 MW”
How we checked this
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Additional evidence
confirms TeraWulf 8-K filed 2023-03-24
Quote: “the Nautilus Cryptomine facility will initially require 200 MW of electric capacity, and the Cumulus Member may elect to expand the energy requirement by up to 100 MW, funded solely by the Cumulus Member, prior to May 13, 2024, for a total capacity of 300 MW”