Lake Mariner bitcoin mining capacity expansion
Company: TeraWulf - Project: Akela Data
The claim, verbatim
Additional 50 MW of bitcoin mining capacity under construction expected to come online in first half of 2025
Source (primary)
TeraWulf 424B5 filed 2025-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “with an additional 50 MW under construction and expected to come online in the first half of 2025”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing says that as of December 31, 2024, TeraWulf had 195 MW of operational self-mining capacity. It adds that another 50 MW was under construction and expected online in the first half of 2025.
Confirmed in the source:
- An additional 50 MW of bitcoin self-mining capacity was under construction
- The capacity was expected to come online in the first half of 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000162828025024284/terawulf424b5.htm) in full (154,675 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2025-05-09
Quote: “with an additional 50 MW under construction and expected to come online in the first half of 2025”