ASIC installation planned for Pennsylvania facility
Company: TeraWulf - Project: Nautilus
What the later record shows
Delivered; the record does not say when
Mining at the Pennsylvania (Nautilus) facility began in February 2023, so ASICs were installed by then. No passage says when installation started, so it cannot be checked against mid-2022.
“The Nautilus Cryptomine Facility, which has been developed and constructed through a joint venture (see Note 11), commenced mining operations in February 2023”
2024-05-12 · TeraWulf 10-Q filed 2024-05-13 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
TeraWulf plans to begin installation of ASICs at the Pennsylvania facility by mid-year 2022
Source (primary)
TeraWulf 10-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “plans to begin installation of ASICs at the facility in Pennsylvania by mid-year 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states TeraWulf plans to begin installing ASICs at the Pennsylvania facility by mid-year 2022.
Confirmed in the source:
- TeraWulf plans to begin installation of ASICs at its Pennsylvania facility by mid-year 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922041168/wulf-20211231x10k.htm) in full (353,283 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2022-03-31
Quote: “plans to begin installation of ASICs at the facility in Pennsylvania by mid-year 2022”
confirms TeraWulf 10-Q filed 2024-05-13
Quote: “The Nautilus Cryptomine Facility, which has been developed and constructed through a joint venture (see Note 11), commenced mining operations in February 2023”