jain.com

August demand response power-cost reduction

Company: TeraWulf

Subject kind
guidance
Statement date
2024-09-03
Promised amount
16.0 BTC
Current status
stated

The claim, verbatim

Lake Mariner curtailed over 1,200 MWh in August for demand response, which is expected to reduce August power costs by about $0.007/kWh, equivalent to roughly 16 BTC of value; demand response and ancillary services proceeds are anticipated to be substantial.

Source (primary)

terawulf 8-K exhibit (wulfopsreport-202408aug2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-29)Live source ↗

Quote: “This is expected to reduce power costs by approximately $0.007/kWh for the month, representing a value equivalent of approximately 16 BTC”

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 8-K exhibit (wulfopsreport-202408aug2.htm)

Quote: “This is expected to reduce power costs by approximately $0.007/kWh for the month, representing a value equivalent of approximately 16 BTC”

View cached copy (2026-10-29)Live source ↗