Mining Hash Rate Target Q2-Q4 2025
Company: TeraWulf
What the later record shows
The date slipped
The Q3 2025 investor update shows average hash rate of 10.3 EH/s in Q2, 8.5 EH/s in Q3, and a projected 7.2 EH/s in Q4 2025, all below the 12 EH/s target. The target may have referred to installed rather than average hash rate, which is why confidence is low.
“Average Hash Rate (EH/s) [2] 7.3 10.3 8.5 7.2 Total BTC Mined 372 485 377 278”
2025-11-09 · terawulf 8-K exhibit (wulfq32025investorupdate.htm) View cached copy (2026-09-27)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Targeting 12 EH/s hash rate for mining operations in Q2-Q4 2025
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Targeting 225 MW and 12 EH/s for Q2 – Q42025”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The presentation states TeraWulf is targeting 225 MW and 12 EH/s for Q2–Q4 2025.
Confirmed in the source:
- TeraWulf is targeting 12 EH/s of mining hash rate
- The target period is Q2–Q4 2025
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Targeting 225 MW and 12 EH/s for Q2 – Q42025”
delays terawulf 8-K exhibit (wulfq32025investorupdate.htm)
Quote: “Average Hash Rate (EH/s) [2] 7.3 10.3 8.5 7.2 Total BTC Mined 372 485 377 278”