Operations (PJM)

Located at a 2.5 GW zero-carbon nuclear energy generating facility in the PJM interconnection, Nautilus Cryptomine, a partnership between TeraWulf’s nuclear mining facility subsidiary and Talen Energy Corporation, will be among the largest, most efficient BTC mines in North America. Nautilus benefits from long-term, and zero carbon power supply directly from the nuclear facility at a cost comfortably below the competition. The jointly owned facility is expected to reach 100 MW of demand by April 2022 and 300 MW by 3Q 2022.