jain.com

300 MW infrastructure in operation by year-end 2024

Company: TeraWulf

This claim was marked delayed on November 11, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
facility capacity
Statement date
2024-02-14
Promised by
2024-12-31
Promised amount
300.0 MW
Current status
delayed

What the later record shows

The date slipped

The track-record chart shows about 195 MW of Lake Mariner mining capacity at 4Q 2024, and the Nautilus stake was sold in October 2024. Capacity was still 225 MW in Q1 2025, well short of 300 MW at year-end 2024.

“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 ↗
“225 MW in operation Q1 2025 ➢ 50 MW (MB-5) expansion online April 2025”
2025-05-08 · terawulf 8-K exhibit (wulfq12025investorpresvf.htm) View cached copy (2026-10-15)Live source ↗
“The Nautilus Cryptomine was a joint venture with Talen Energy, in which TeraWulf sold its equity interest to Talen in October 2024.”
2025-09-04 · WULF Expands Fluidstack Deal View cached copy (2026-10-06)Live source ↗

Checked November 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

TeraWulf targets 300 MW of infrastructure capacity in operation at its existing sites by year-end 2024.

Source (primary)

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

Quote: “with the target of having 300 MW of infrastructure capacity in operation by year‐end 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 (wulfdebtrepaymentprdraft.htm)

Quote: “with the target of having 300 MW of infrastructure capacity in operation by year‐end 2024”

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

delays WULF Expands Fluidstack Deal

Quote: “The Nautilus Cryptomine was a joint venture with Talen Energy, in which TeraWulf sold its equity interest to Talen in October 2024.”

View cached copy (2026-10-06)Live source ↗

delays terawulf 8-K exhibit (wulfq12025investorpresvf.htm)

Quote: “110 MW 195 MW 195 MW 225 MW 30 MW 50 MW 50 MW”

View cached copy (2026-10-15)Live source ↗

Record of changes

November 11, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 11, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.