Lake Mariner 250 MW deployed in 2024
Company: TeraWulf - Project: Akela Data
What the later record shows
The date slipped
The track-record chart shows Lake Mariner mining at 195 MW in 4Q 2024 and 225 MW in Q1 2025, with the 50 MW MB-5 expansion coming online only in April 2025. So 250 MW was not deployed in 2024.
“3 MW 60 MW 60 MW 110 MW 195 MW 195 MW 225 MW 30 MW 50 MW 50 MW”
2025-05-08 · terawulf 8-K exhibit (wulfq12025investorpresvf.htm) View cached copy (2026-10-15)Live source ↗
“50 MW (MB-5) expansion online April 2025 ➢ Targeting 225 MW and 12 EH/s for Q2”
2025-05-08 · Investor Presentation View cached copy (2026-10-13)Live source ↗Archive.org ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf targets 250 MW deployed at Lake Mariner in 2024.
Source (primary)
terawulf 8-K exhibit (exhibit992-wulfmarch24in.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “Target of 250 MW Deployed in 2024”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The Lake Mariner Data site summary lists a 'Target of 250 MW Deployed in 2024'.
Confirmed in the source:
- TeraWulf targets 250 MW deployed at Lake Mariner in 2024
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000066/exhibit992-wulfmarch24in.htm) in full (13,743 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (exhibit992-wulfmarch24in.htm)
Quote: “Target of 250 MW Deployed in 2024”
delays Investor Presentation
Quote: “50 MW (MB-5) expansion online April 2025 ➢ Targeting 225 MW and 12 EH/s for Q2”
delays terawulf 8-K exhibit (wulfq12025investorpresvf.htm)
Quote: “3 MW 60 MW 60 MW 110 MW 195 MW 195 MW 225 MW 30 MW 50 MW 50 MW”