TeraWulf Inc..
WULF.US | Data processing, hosting and related activities
TeraWulf Inc. is a Bitcoin mining company that focuses on operating environmentally sustainable bitcoin mining facilities in the United States. The company operates through bitcoin mining. It was founded in 2021 and is based in Easton, Maryland....Show More
Better Health for All
0
No evidence available to assess TeraWulf Inc. on Better Health for All.
Fair Money & Economic Opportunity
0
TeraWulf Inc. is a Bitcoin mining company, and its core business does not involve offering lending, deposit, or other consumer financial services. Therefore, the KPIs related to fair money and economic opportunity, which are designed for financial institutions, are not applicable to the company's operations. No evidence was found in the provided articles to suggest the company engages in activities covered by this value.
Fair Pay & Worker Respect
0
No evidence available to assess TeraWulf Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No evidence was found in the provided articles to assess TeraWulf Inc. against any of the Fair Trade & Ethical Sourcing KPIs. The articles do not contain specific data points regarding fair trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for violations, ethical sourcing clauses in contracts, spend on high-risk materials, or supplier diversity spend.
1
Honest & Fair Business
0
No evidence available to assess TeraWulf Inc. on Honest & Fair Business.
Kind to Animals
0
No relevant evidence was found in the provided articles to assess WULF.US against the 'Kind to Animals' ethical value. Both articles resulted in 404 errors, indicating no data was available for extraction.
1
No War, No Weapons
0
TeraWulf Inc. is a bitcoin mining company and explicitly states it is not a defense contractor, indicating no revenue from arms or defense contracts.
1
The company's high-performance computing initiative, which focuses on generative AI and large language models, is stated to be for civilian applications, therefore no military safeguards are applicable.
2
There is no evidence provided for any other KPIs related to war or weapons.
Planet-Friendly Business
-40
TeraWulf's Lake Mariner facility receives 45% of its energy from the New York Power Authority (NYPA), which NYPA states cannot be claimed as renewable power.
1
The remaining power for Lake Mariner is sourced from the New York grid, which does not come with legally recognizable renewable attributes.
2
TeraWulf confirmed it had not purchased renewable energy credits to substantiate zero-carbon claims.
3
Nautilus Cryptomine, which was responsible for 26% of TeraWulf’s total energy use, sourced its power from an adjacent nuclear plant.
4
The company states its Bitcoin mining operations do not consume water.
5
Neither the Lake Mariner nor Nautilus facilities are situated in regions characterized by high baseline water stress.
6
In January 2022, TeraWulf made a financial commitment to the Chesapeake Conservancy, Inc.
7
The Lake Mariner Data facility creates jobs for workers displaced by the State of New York’s transition away from fossil fuels.
8
The company's Supplier Code of Conduct emphasizes disclosure of energy-related consumption and waste management.
9
Respect for Cultures & Communities
0
The provided articles do not contain specific, concrete data points for any of the KPIs related to Respect for Cultures & Communities. Information regarding formal partnerships, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, community complaint resolution times, FPIC participation, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training is not available.
1
Safe & Smart Tech
0
No evidence available to assess TeraWulf Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
-20
TeraWulf has implemented several waste reduction initiatives, including enhanced recycling protocols for materials such as steel, plastic, aluminum, copper, and cardboard, which were instituted in 2023 and enhanced in 2024.
1
The company also responsibly recycled outdated ASIC miners and IT equipment in 2024, earning 8,000 Metric Tons of Carbon Dioxide Equivalent (MTCO2e) credits.
2
Additionally, TeraWulf recycles expanded polyethylene (EPE) foam packaging materials for secondary use and conducts onsite repairs to minimize e-waste, prioritizing refurbishment and repurposing of usable parts from end-of-life mining machines.
3
The company holds its suppliers to high environmental standards, requiring best practices in waste management, which are embedded in supplier agreements and contractual terms.
4