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An Overview of TeraWulf’s Facilities

Vertical integration strategy positions TeraWulf for zero-carbon mining at attractive power costs

Take a Look at TeraWulf’s Vertically Integrated, State-of-the-Art Bitcoin Mining Facilities

Lake Mariner

100% owned by TeraWulf

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HYDRO

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NUCLEAR


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ONLINE

  • Began mining operations in March 2022
  • Utilizes 93%+ zero-carbon energy
  • 35 MW expansion at Lake Mariner targeted for Q3 2024
  • Target of 500+ MW of future mining capacity
Q3 2024 TARGETS
Infrastructure Capacity (MW) 188
Total Hash Rate Capacity (EH/s) 7.9
Total Miner Capacity 58,500

Nautilus Cryptomine

25% JV with Talen Energy

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NUCLEAR


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ONLINE

  • Began mining operations in February 2023
  • Utilizes 100% zero-carbon energy
  • 50 MW of mining capacity attributable to TeraWulf plus 50 MW expansion option
  • Fixed cost of power of $0.02/kWh
Q3 2024 TARGETS
Infrastructure Capacity (MW) 50
Total Hash Rate Capacity (EH/s) 1.9
Total Miner Capacity 16,000

Combined Targets
Q3 2024

INFRASTRUCTURE CAPACITY (MW)

238

SELF-MINING HASH RATE (EH/s)

~10

DEPLOYED MINER FLEET

74,500

TeraWulf is Committed to Achieving...

$0.035/kWh target cost of power 30% less than the industry average1

100% Zero-Carbon Energy our core ESG focus is critical to generating environmentally sustainable bitcoin at industrial scale