Nautilus Cryptomine 50 MW expansion in 2025
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
No passage shows the 50 MW expansion coming online, and the November 2025 10-Q describes the Nautilus stake and operation in the past tense. Later filings report mining only at Lake Mariner and mention a sale of an equity interest in an investee, though no passage explicitly says the Nautilus expansion was cancelled or names Nautilus as the investee sold.
“While holding a 25% equity stake, TeraWulf’s share of mined bitcoin was determined by relative hashrate contributions.”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
“Increase in plant and equipment for miners assigned in connection with sale of equity interest in investee”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
“As of June 30, 2026, TeraWulf owned and operated bitcoin mining activities at the Lake Mariner Data Campus”
2026-08-04 · TeraWulf 10-Q filed 2026-08-05 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's additional 50 MW of expansion capacity at Nautilus Cryptomine is planned to come online in 2025, accommodating up to 2.5 EH/s of additional operational mining capacity.
Source (primary)
terawulf 8-K exhibit (aex991xearningsreleasexq12.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-06)Live source ↗
Quote: “additional 50 MW of expansion capacity at the Nautilus Cryptomine Facility is planned to come online in 2025, accommodating up to 2.5 EH/s of additional operational mining 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 (aex991xearningsreleasexq12.htm)
Quote: “additional 50 MW of expansion capacity at the Nautilus Cryptomine Facility is planned to come online in 2025, accommodating up to 2.5 EH/s of additional operational mining capacity”