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0xLateComer

The first phase is not until 2028, and the second phase in 2030. With such a long timeline, it seems like a bet on the explosive demand for AI computing power rather than pure mining.

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MeNews
TeraWulf acquires land for a 1GW AI data center in Kentucky, stock price rises about 8% before market open
ME News Report, May 26 (UTC+8), TeraWulf (NASDAQ: WULF) announced the acquisition of Muskie Data Campus located in eastern Kentucky, planning to support over 1GW of data center capacity. The project is divided into two phases: the first 500MW will begin in the second half of 2028, and the second 500MW is targeted for completion in the second half of 2030. The land area acquired is approximately 285 acres, located within a 1,000-acre industrial park in eastern Kentucky. Currently, Kentucky Power is constructing a 345kV substation and connecting to the 765kV transmission network, with corresponding transmission infrastructure and energy service agreements already signed. The project has completed zoning planning, permits are in progress, and preliminary work is minimal. This acquisition expands TeraWulf's digital infrastructure projects in Kentucky to two major
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