TeraWulf
TeraWulf operates fully integrated, sustainable Bitcoin mining facilities in the U.S., utilizing up to 100% zero-carbon energy to ensure environmentally friendly operations.
Services
TeraWulf operates fully integrated Bitcoin mining facilities strategically located across the United States. The company's operations focus on maximizing plug capacity to accommodate flexible growth in dynamic markets. By utilizing 95% zero-carbon energy, TeraWulf ensures that its facilities are both sustainable and scalable. Additionally, the company oversees a comprehensive review of environmental, social, and governance (ESG) factors throughout the mining process, aligning these with business success, risk mitigation, and reputational value.
Mining Facilities
TeraWulf's critical mining facilities include Lake Mariner and Nautilus Cryptomine. Lake Mariner began operations in March 2022 and uses over 93% zero-carbon energy. Nautilus Cryptomine, a joint venture with Talen Energy, started in February 2023 and operates with 100% zero-carbon energy. These facilities are part of TeraWulf's vertically integrated operations in New York and Pennsylvania, which ensure cost-effective and environmentally friendly Bitcoin mining.
Sustainability Commitment
Sustainability is a fundamental aspect of TeraWulf's operations. The company utilizes 95% zero-carbon energy in its mining activities, aiming to achieve 100% zero-carbon energy. By incorporating ESG factors into its corporate strategy, TeraWulf aligns its business practices with environmental responsibility. This approach not only mitigates risk but also enhances the company's reputation and contributes to its overall success.
Energy Efficiency
TeraWulf targets a power cost of $0.035 per kilowatt-hour, which is approximately 30% less than the industry average. By focusing on cost-effective, zero-carbon energy solutions, the company ensures that its Bitcoin mining operations are both economically viable and environmentally sustainable. This emphasis on energy efficiency enables TeraWulf to maintain competitive advantage while adhering to its sustainability commitments.
Vertical Integration
TeraWulf's vertically integrated mining facilities in New York and Pennsylvania mine Bitcoin using cost-effective, zero-carbon energy. Vertical integration allows TeraWulf to streamline its operations, reducing costs and increasing operational efficiency. This strategic approach supports the company's goal of flexible growth and sustainable business practices, ensuring a robust and resilient mining infrastructure.