jain.com

Nautilus 50 MW expansion online in 2025

Company: TeraWulf - Project: Nautilus

Subject kind
facility capacity
Statement date
2024-03-04
Promised by
2025-12-31
Promised amount
50.0 MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No passage says whether the additional 50 MW at Nautilus came online, slipped or was dropped. The 50 MW at Nautilus cited in April 2024 is the existing capacity. Later filings tie the Nautilus share mainly to 2024 periods, and the 2026 filings report only Lake Mariner, which hints at an exit, but no passage says so outright.

“Operational infrastructure capacity at the Lake Mariner facility was 160 MW plus 50 MW at Nautilus with TeraWulf’s total self-mining hash rate at 8.0 EH/s.”
2024-05-01 · terawulf 8-K exhibit (wulfapr24opsreport05-2x2.htm) View cached copy (2026-11-07)Live source ↗
“for the three and six months ended June 30, 2024, includes the Company’s net share of bitcoin mined at the Nautilus Cryptomine Facility”
2025-08-07 · TeraWulf 10-Q filed 2025-08-08 View cached copy (2026-08-31)Live source ↗

Checked November 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

TeraWulf exercised its option to add 50 MW of energy capacity at the Nautilus facility, doubling its bitcoin mining capacity at the Pennsylvania site to 100 MW. The additional capacity is expected to come online in 2025 and could support up to 2.5 EH/s of mining capacity.

Source (primary)

terawulf 8-K exhibit (wulfnautiluspr03-04x24vf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “TeraWulf's additional 50 MW of capacity at the Nautilus facility is expected to come online in 2025 and could accommodate up to 2.5 EH/s of operational mining capacity.”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

TeraWulf's March 4, 2024 press release states the option exercise, the increase to 100 MW, the plan to double capacity, the expected 2025 timing and the 2.5 EH/s figure.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000051/wulfnautiluspr03-04x24vf.htm) in full (8,168 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (wulfnautiluspr03-04x24vf.htm)

Quote: “TeraWulf's additional 50 MW of capacity at the Nautilus facility is expected to come online in 2025 and could accommodate up to 2.5 EH/s of operational mining capacity.”

View cached copy (2026-11-09)Live source ↗

Record of changes

November 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.