Post-halving cost-to-mine ~$37k/BTC
Company: TeraWulf
What the later record shows
Delivered on time · happened December 31, 2024
Cash cost to mine was $30,499/BTC in Q3 2024 (post-halving) and $25,268/BTC for full-year 2024. Both are below the ~$37k projection, although no figure covering only the post-halving period is given.
“Cost to mine one bitcoin (1) $ 30,499 $ 9,352 $ 21,396 $ 8,051”
2024-11-11 · TeraWulf 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗
“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 ↗
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 projects a cost-to-mine of approximately $37,000 per bitcoin for 2024 post-halving.
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: “~$37k post-halving”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The FY 2024 guidance projects a cost-to-mine of about $37k post-halving, and its table shows a total cost of $36,780 per BTC.
Confirmed in the source:
- TeraWulf projects a 2024 post-halving cost-to-mine of approximately $37,000 per bitcoin
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: “~$37k post-halving”
confirms TeraWulf 10-Q filed 2024-11-12
Quote: “Cost to mine one bitcoin (1) $ 30,499 $ 9,352 $ 21,396 $ 8,051”
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”