Policy risk is truly the sword of Damocles hanging over mining companies. If Lake Mariner can keep operating, that should help stabilize the core business, but whether this year’s window will allow competitors to overtake at the bend is worth watching.

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Bitwise News reports that, according to The Block, the governor of New York has signed a one-year moratorium order on the construction of a large data center, causing TeraWulf’s stock price to fall by 7%. TeraWulf said that the existing Lake Mariner facilities can still operate normally, and the development plans for the new Lake Hawkeye site are not affected.
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