Cost to mine of ~$40k per BTC for rest of 2024
Company: TeraWulf
What the later record shows
Delivered on time · happened December 31, 2024
Reported cost to mine was $25,268 for full-year 2024 and $15,529 for Q1, which works out to roughly $31,000 per bitcoin for the balance of the year, below the ~$40k projection. The reported figure is a cash metric and may not match the basis of the original projection.
“Cost to mine one bitcoin (1) $ 25,268 $ 8,705 Value of each bitcoin mined (2) $ 62,889 $ 29,645”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“Cost to mine one bitcoin (2) $ 66,156 $ 15,529 Value of each bitcoin mined (3)”
2025-05-08 · TeraWulf 10-Q filed 2025-05-09 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 projects a cost to mine of about $40,000 per bitcoin for the balance of 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: “projected of ~$40k for balance of 2024”
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: “projected of ~$40k for balance of 2024”
confirms TeraWulf 10-K filed 2025-03-03
Quote: “Cost to mine one bitcoin (1) $ 25,268 $ 8,705 Value of each bitcoin mined (2) $ 62,889 $ 29,645”
confirms TeraWulf 10-Q filed 2025-05-09
Quote: “Cost to mine one bitcoin (2) $ 66,156 $ 15,529 Value of each bitcoin mined (3)”