Aggregate facility capacity target Q2 2023
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
Construction at both facilities was substantially complete as of June 30, 2023, and Nautilus had 50 MW allotted by year-end. No passage states that aggregate net capacity reached 160 MW, 50,000 miners or 5.5 EH/s.
“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
Facilities expected to reach aggregate 160 MW of net bitcoin mining capacity supporting 50,000 miners and over 5.5 EH/s 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 filing states this exact expectation for TeraWulf's combined facilities in the second quarter of 2023.
Confirmed in the source:
- TeraWulf's facilities are expected to reach an aggregate 160 MW of net bitcoin mining capacity
- That capacity is expected to support 50,000 miners
- That capacity is expected to provide over 5.5 EH/s of computational power
- The target date is the second quarter of 2023
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”