Project Nautilus hydroelectric mining facility
Company: TeraWulf
The claim, verbatim
Project Nautilus is located in Tompkins County, New York and harnesses hydroelectric power from the New York State Electric & Gas (NYSEG) grid
Source (primary)
Nicholas Investment Partners LP Purchases Shares of 76,432 TeraWulf Inc. $WULF - MarketBeat (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “One of TeraWulf's flagship projects is 'Project Nautilus,' located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The company profile section of the article describes Project Nautilus as located in Tompkins County, New York and using hydroelectric power from the NYSEG grid. The wording matches apart from quotation-mark style.
Confirmed in the source:
- Project Nautilus is a TeraWulf project located in Tompkins County, New York
- Project Nautilus harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid
What we did: Read our cached copy of the publisher (https://www.marketbeat.com/instant-alerts/filing-nicholas-investment-partners-lp-purchases-shares-of-76432-terawulf-inc-wulf-2026-08-25/) in full (17,589 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nicholas Investment Partners LP Purchases Shares of 76,432 TeraWulf Inc. $WULF - MarketBeat
Quote: “One of TeraWulf's flagship projects is 'Project Nautilus,' located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.”