jain.com

CB-1 20 MW operational Q1 2025

Company: TeraWulf - Project: La Lupa

Subject kind
facility timeline
Statement date
2024-10-03
Promised by
2025-03-31
Promised amount
20.0 MW
Current status
verified

What the later record shows

Delivered late · happened August 31, 2025

The promise was operation by Q1 2025. The October 2025 second-party opinion says CB-1 began operations in August 2025, about five months late.

“Wulf Den and CB-1 began operations in July and August 2025, respectively, while CB-2 is expected to commence operations in November 2025.”
2025-10-14 · TeraWulf Sustainable Finance Framework Second Party Opinion 2025 View cached copy (2026-09-01)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

CB-1 HPC facility with 20 MW capacity expected to be operational in Q1 2025.

Source (primary)

Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗

Quote: “CB-1: 20 MW capacity expected to be operational in Q1 2025”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The HPC timeline slide states this directly.

Confirmed in the source:

What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23300/pdf/WULF_Nautilus_Sale_Announcement_Deck_%2810-03-24%29vF.pdf) in full (14,394 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Nautilus Sale Announcement

Quote: “CB-1: 20 MW capacity expected to be operational in Q1 2025”

View cached copy (2026-10-06)Live source ↗

confirms TeraWulf Sustainable Finance Framework Second Party Opinion 2025

Quote: “Wulf Den and CB-1 began operations in July and August 2025, respectively, while CB-2 is expected to commence operations in November 2025.”

View cached copy (2026-09-01)Live source ↗

confirms Nautilus Sale Announcement

Quote: “CB-1: 20 MW capacity expected to be operational in Q1 2025”

View cached copy (2026-10-13)Live source ↗Archive.org ↗

Record of changes

October 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 7, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Review. statement_date 2026-10-06 was the source's retrieval date; source published 2024-10-03.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.