The Work Index by Flexa

TeraWulf

TeraWulf is a leading bitcoin mining company committed to building sustainable, zero-carbon mining facilities in the United States.

5.8

/10

Transparency ranking

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Description

TeraWulf is a Bitcoin mining company focused on sustainability and environmental responsibility. They develop, own, and operate fully integrated Bitcoin mining facilities in strategic locations across the United States, using over 90% zero-carbon energy sources. TeraWulf is committed to achieving 100% zero-carbon energy consumption and prioritizes ESG (environmental, social, and governance) factors throughout its operations. They believe that Bitcoin mining can be a force for positive change, contributing to a cleaner energy future and supporting local economies through job creation.

TeraWulf distinguishes itself through its vertical integration strategy, which allows for direct access to renewable energy sources at competitive costs. Their facilities, such as Lake Mariner and Nautilus Cryptomine, leverage existing infrastructure, including retired coal power plants and nuclear energy facilities, to create sustainable mining operations. TeraWulf also actively engages with its communities, providing job opportunities, contributing to local economic development, and supporting environmental and social initiatives through their charitable foundation.

Mission

TeraWulf is an infrastructure-focused Bitcoin mining company dedicated to accelerating the transition to a zero-carbon future. They develop, own, and operate fully integrated Bitcoin mining facilities across the United States, utilizing more than 93% zero-carbon energy sources, such as nuclear and hydroelectric power. TeraWulf strives to provide sustainable benefits for their communities, generate attractive investor returns, and create green energy jobs while combating climate change.

Disruptor
Environmental impact driven
Social impact led
Sustainability
Tech for good

Culture

TeraWulf promotes a culture centered around sustainability and innovation, emphasizing the positive impact of their zero-carbon bitcoin mining approach. They highlight their commitment to building a sustainable future for both the company and the communities they operate in, emphasizing their dedication to social responsibility and environmental consciousness. This focus on sustainability is further reflected in their efforts to create green energy jobs and support local economies.

DE&I

TeraWulf demonstrates a commitment to diversity, equity and inclusion by building a diverse management team with 30+ years of experience in developing and managing energy infrastructure and disruptive technology. They have released a board diversity matrix for 2024 showing 4 women and 6 men in the leadership team. The company also promotes a corporate governance framework that promotes accountability, transparency, and effective decision making.

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