Cayuga Phase 1 Power
Company: TeraWulf - Project: Cayuga Site
The claim, verbatim
Access to 138 MW of low-cost power at Cayuga in 2027
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Access to 138 MW of low-cost power in 2027”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The Cayuga site highlights list access to 138 MW of low-cost power in 2027, and the buildout timeline shows Phase I as +138 MW in 2027.
Confirmed in the source:
- The Cayuga site will have access to 138 MW of low-cost power
- That power access begins in 2027
- The 138 MW is the first phase of the Cayuga buildout
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23302/pdf/WULF_Q2_2025_Investor_Update_%28Aug_2025%29vF.pdf) in full (17,599 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 Earnings Update Presentation
Quote: “Access to 138 MW of low-cost power in 2027”