By purposefully choosing predominantly zero-carbon energy sources to power our facilities, TeraWulf is enabling the transition to a zero-carbon future with a higher amount of renewable energy generation. Our high throughput yet flexible computing loads can quickly respond to real time grid conditions and help stabilize the electrical grid by ramping up or down our power consumption, thereby further benefiting surrounding communities.
ACCELERATING
DECARBONIZATION
Our approach to decarbonization is directly tied to value creation and innovation. TeraWulf’s facilities are designed to optimize power usage with minimal environmental footprint, ensuring that we remain a trusted partner in the transition to a low-carbon economy.
PEOPLE, DIVERSITY, &
INCLUSION
We are committed to fostering a diverse, inclusive, and high-performing workforce. Our hiring practices prioritize merit and expertise while valuing the unique perspectives and experiences that drive innovation and strengthen our company culture.
COMMUNITY &
PHILANTHROPY
Social responsibility and community impact are integral to TeraWulf’s mission. Through strategic investments and partnerships, we support environmental conservation, education, and community well-being.
“We are committed to fostering innovative ideas that promote sustainability, protect our natural resources and enable social progress across the globe both now and for future generations to come.”
The Foundation actively invests in the protection of natural resources globally while also expanding the opportunities for more people to enjoy and appreciate their importance and beauty. By leveraging the resources and intellectual capital of TeraWulf, including financial support from the company’s senior leaders, we strive to have the greatest tangible impact in the communities in which we live and work.
The TeraWulf Charitable Foundation is led by Paul Prager, TeraWulf’s Chief Executive Officer, and Kerri Langlais, TeraWulf’s Chief Strategy Officer. Additionally, Cassie Motz and Lisa Prager sit on the Board of the Foundation. The Foundation is recognized as exempt from taxation under the provisions of Section 501(c)(3) of the Internal Revenue Code.
In January 2022, the Foundation made its inaugural financial commitment to the Chesapeake Conservancy to support efforts to elevate the national significance of the Chesapeake Bay and enhance its ecological, cultural, and economic benefits across its multi-state watershed. That same year, bipartisan, bicameral legislation—the Chesapeake National Recreation Area Act (S.2620 and HR 5035)—was introduced in Congress to designate a unified Chesapeake National Recreation Area (CNRA) as part of the National Park System.
Over the next two years, the bill made steady progress:
In December 2024, the CNRA bill cleared a major legislative hurdle. Originally introduced by Maryland U.S. Senator Chris Van Hollen and former Congressman John Sarbanes, the bill was approved by the Senate Committee on Energy and Natural Resources and passed by unanimous consent in the U.S. Senate on December 18. The final step was a vote in the House of Representatives. However, in the final day of the 118th Congress, as the bill awaited final enactment on the House floor, time ran out, and the legislation was tabled.
Despite this setback, seasoned lawmakers note that most Congressional legislation requires multiple attempts before passage. Senator Van Hollen has already announced plans to reintroduce the CNRA bill in the 119th Congress. Given its strong legislative history and prior unanimous Senate approval, there is renewed optimism that the Chesapeake Bay will soon receive the national park recognition it so richly deserves.
