Nautilus Cryptomine fixed power pricing
Company: TeraWulf
The claim, verbatim
Nautilus receives nuclear power at fixed contractual cost of $0.02 per kilowatt-hour for 5-year term with two successive 3-year renewal options
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Nautilus Cryptomine Facility receives nuclear power directly from a substation connected to the Susquehanna Station's electrical generators, which is contractually priced at a fixed cost of $0.02 per kilowatt-hour over a five-year term with two successive three-year renewal options”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states verbatim the $0.02/kWh fixed price over a five-year term with two successive three-year renewal options.
Confirmed in the source:
- Nautilus Cryptomine receives nuclear power at a fixed contractual cost of $0.02 per kilowatt-hour
- The term is five years
- There are two successive three-year renewal options
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: “The Nautilus Cryptomine Facility receives nuclear power directly from a substation connected to the Susquehanna Station's electrical generators, which is contractually priced at a fixed cost of $0.02 per kilowatt-hour over a five-year term with two successive three-year renewal options”