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Mining expansion to over 10 EH/s

Company: TeraWulf

Subject kind
facility capacity
Statement date
2024-05-12
Promised by
2024-12-31
Current status
verified

What the later record shows

Delivered late · happened March 31, 2025

Mining capacity was charted at 10.0 EH/s in 3Q24 and fell to 9.7 EH/s for December 2024, so it was not over 10 EH/s by year-end. It reached 12.2 EH/s deployed in Q1 2025, and operational hashrate was 12.2 EH/s at June 30, 2025.

“Lake Mariner Nautilus New S21 Pro Miners 10.0 8.1 8.7 9.7 13.1 Temporary reduction in hash rate is expected”
2024-11-11 · terawulf 8-K exhibit (wulfq32024investorpres11.htm) View cached copy (2026-10-25)Live source ↗
“12.2 EH/s deployed in Q1 2025 ➢ 372 BTC mined in Q1 2025”
2025-05-08 · Investor Presentation View cached copy (2026-11-05)Live source ↗Archive.org ↗
“TeraWulf operational hashrate (EH/s) (4) 12.2 8.0 TeraWulf percentage of global hashrate 1.4 % 1.4 %”
2025-08-07 · TeraWulf 10-Q filed 2025-08-08 View cached copy (2026-08-31)Live source ↗

Checked November 6, 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 expand mining to over 10 EH/s, with its operating model showing 10.2 EH/s total hash rate for 2H 2024.

Source (primary)

terawulf 8-K exhibit (wulfinvestorpresentation.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-06)Live source ↗

Quote: “Plan to repay debt with free cash flow and expand mining to over 10 EH/s”

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 (wulfinvestorpresentation.htm)

Quote: “Plan to repay debt with free cash flow and expand mining to over 10 EH/s”

View cached copy (2026-11-06)Live source ↗

confirms TeraWulf 10-Q filed 2025-08-08

Quote: “TeraWulf operational hashrate (EH/s) (4) 12.2 8.0 TeraWulf percentage of global hashrate 1.4 % 1.4 %”

View cached copy (2026-08-31)Live source ↗

confirms terawulf 8-K exhibit (wulfq32024investorpres11.htm)

Quote: “Lake Mariner Nautilus New S21 Pro Miners 10.0 8.1 8.7 9.7 13.1 Temporary reduction in hash rate is expected”

View cached copy (2026-10-25)Live source ↗

confirms Investor Presentation

Quote: “12.2 EH/s deployed in Q1 2025 ➢ 372 BTC mined in Q1 2025”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

Record of changes

November 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 6, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.