Lake Mariner bitcoin mining capacity 2025
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Delivered on time
The Q3 2025 10-Q reports 245 MW of energized bitcoin mining capacity, which exceeds the 225 MW target within 2025. No passage confirms the 12 EH/s hashrate.
“the Lake Mariner Campus has 245 MW of energized capacity supporting bitcoin mining infrastructure and has energized 22.5 MW of HPC leasing capacity”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
Checked October 13, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf targets 225 MW and 12 EH/s of bitcoin mining capacity for Q2–Q4 2025.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “Targeting 225 MW and 12 EH/s for Q2 – Q42025”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation states 'Targeting 225 MW and 12 EH/s for Q2 – Q4 2025' and separately says 225 MW is to be deployed for bitcoin mining in 2025.
Confirmed in the source:
- TeraWulf targets 225 MW of bitcoin mining capacity for Q2–Q4 2025
- TeraWulf targets 12 EH/s of hash rate for Q2–Q4 2025
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Targeting 225 MW and 12 EH/s for Q2 – Q42025”
confirms TeraWulf 10-Q filed 2025-11-10
Quote: “the Lake Mariner Campus has 245 MW of energized capacity supporting bitcoin mining infrastructure and has energized 22.5 MW of HPC leasing capacity”