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Nautilus Cryptomine TeraWulf capacity

Company: TeraWulf - Project: Nautilus

Subject kind
facility capacity
Statement date
2023-03-30
Promised amount
50.0 MW
Current status
stated

The claim, verbatim

Nautilus Cryptomine total capacity 50 MW; TeraWulf owns 25% equity interest representing 50 MW mining capacity; 10,000 miners deployed representing 1.0 EH/s as of March 30, 2023

Source (primary)

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

Quote: “TeraWulf owns a 25% equity interest in the facility, which represents 50 MW of mining capacity... as of March 30, 2023, TeraWulf has approximately 10,000 miners energized, representing approximately 1.0 EH/S of self-mining capacity”

How we checked this

Checked on September 21, 2026. The cited source supports part of this claim, but not all of it.

The document confirms TeraWulf's 25% interest equating to 50 MW and the 10,000 miners at 1.0 EH/s, but it states the Nautilus facility's total current capacity is 200 MW, not 50 MW, so the claim's total-capacity figure is unsupported.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

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 owns a 25% equity interest in the facility, which represents 50 MW of mining capacity... as of March 30, 2023, TeraWulf has approximately 10,000 miners energized, representing approximately 1.0 EH/S of self-mining capacity”

View cached copy (2026-09-13)Live source ↗