jain.com

Minerva MV7 miners supply agreement

Company: TeraWulf

Subject kind
product
Statement date
2022-03-30
Promised amount
118.5 USD
Current status
stated

The claim, verbatim

Executed equipment purchase agreement with Minerva for 30,000 MV7 miners for approximately $118.5 million

Source (primary)

TeraWulf 10-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “executed the equipment purchase agreement (the "Minerva Agreement") with Minerva to purchase 30,000 MV7 miners with hash rate of 100 Th/s (plus or minus 5%) and a power consumption of 3,400 W/miner (plus or minus 10%)...for an aggregate purchase price of approximately $118.5”

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 10-K filed 2022-03-31

Quote: “executed the equipment purchase agreement (the "Minerva Agreement") with Minerva to purchase 30,000 MV7 miners with hash rate of 100 Th/s (plus or minus 5%) and a power consumption of 3,400 W/miner (plus or minus 10%)...for an aggregate purchase price of approximately $118.5”

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