Lake Mariner Building 5 to add 50 MW in H2 2024
Company: TeraWulf
What the later record shows
The date slipped · new target March 31, 2025
In November 2024 the additional 50 MW Lake Mariner facility was still under construction, with operation expected in Q1 2025 rather than H2 2024. Lake Mariner reached 245 MW (195 + 50) by August 2025, but no passage gives the completion date.
“is currently constructing an additional 50 MW facility, which we expect to be operational in the first quarter of 2025”
2024-11-11 · TeraWulf 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗
“As of the date of this Quarterly Report, the facility is operating 245 MW of bitcoin mining capacity.”
2025-08-07 · TeraWulf 10-Q filed 2025-08-08 View cached copy (2026-08-31)Live source ↗
Checked October 31, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Construction has started on Building 5 at Lake Mariner, which is expected to add another 50 MW of infrastructure capacity in the second half of 2024.
Source (primary)
terawulf 8-K exhibit (wulfjuly2024opsreport08-.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗
Quote: “For the second half of 2024, construction has started on Building 5 at Lake Mariner, which is expected to add another 50 MW of infrastructure capacity.”
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 (wulfjuly2024opsreport08-.htm)
Quote: “For the second half of 2024, construction has started on Building 5 at Lake Mariner, which is expected to add another 50 MW of infrastructure capacity.”
delays TeraWulf 10-Q filed 2024-11-12
Quote: “is currently constructing an additional 50 MW facility, which we expect to be operational in the first quarter of 2025”
delays TeraWulf 10-Q filed 2025-08-08
Quote: “As of the date of this Quarterly Report, the facility is operating 245 MW of bitcoin mining capacity.”