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Third-party miner hosting services

Company: TeraWulf

Subject kind
product
Statement date
2023-02-13
Current status
stated

The claim, verbatim

Company provides miner hosting services to third parties at Lake Mariner facility, with mined bitcoin delivered to third-party miners' wallets or company's NYDIG-held wallet per hosting agreements

Source (primary)

TeraWulf S-3/A filed 2023-02-14 (SEC EDGAR, sec_filing)
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Quote: “We also earn revenue from miner hosting services to third parties... Any bitcoin mined by third-party miners hosted at our Lake Mariner Data LLC ("Lake Mariner") facility site is either (1) delivered directly into the third-party miners' wallets, which we have neither access to nor oversight over, or (2) delivered into our wallet held by NYDIG, pursuant to the mined bitcoin sharing arrangements agreed to in our respective miner hosting agreements.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms TeraWulf S-3/A filed 2023-02-14

Quote: “We also earn revenue from miner hosting services to third parties... Any bitcoin mined by third-party miners hosted at our Lake Mariner Data LLC ("Lake Mariner") facility site is either (1) delivered directly into the third-party miners' wallets, which we have neither access to nor oversight over, or (2) delivered into our wallet held by NYDIG, pursuant to the mined bitcoin sharing arrangements agreed to in our respective miner hosting agreements.”

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