FAQ

How does the Morgantown site fit into TeraWulf’s strategy?

The Morgantown acquisition expands TeraWulf’s power and digital infrastructure portfolio with a site that combines existing generation, transmission access, industrial zoning, and long-term scalability. It supports high-density compute while strengthening grid reliability and contributing net-positive energy capacity to Maryland.

What makes Morgantown different from other sites?

Unlike greenfield developments, Morgantown leverages existing power generation assets, established grid connectivity, and heavy-industrial zoning. This enables redevelopment that emphasizes reliability, environmental remediation, and efficient reuse of existing infrastructure.

Is TeraWulf making a long-term commitment to the Morgantown site?

Yes. The project is intended to be a long-term investment in energy and digital infrastructure. TeraWulf’s development and operating model is based on multi-decade ownershipandstewardship, with ongoing reinvestment, regulatory oversight, and operational accountability.

How does the project align with Maryland’s and Charles County’s priorities?

The site aligns with Maryland’s Smart Siting Inventory and statewide goals to modernize infrastructure, remediate legacy industrial sites, and support durable job creation. For Charles County, the project strengthens the tax base, supports long-term employment, and returns an underutilized site to productive use.

Will this project change the character of the surrounding area?

No. The site is zoned Heavy Industrial and has historically supported large-scale energy generation. Redevelopment is expected to reduce blight and modernize the site relative to current conditions.

Will there be noise, lighting, or visual impacts?

Operational noise is expected to remain below local limits and inaudible at the property line. Buildings will be low-profile, and lighting will be designed to minimize off-site impact.

Will there be Bitcoin mining at the site?

No.

Will the project increase property taxes or strain public services?

No. The project is expected to contribute meaningful tax revenue that supports public services, including schools and infrastructure. Ongoing operations are not expected to place material strain on local schools, emergency services, or municipal resources.

Will the site be a net consumer or net provider of electricity?

The long-term development plan anticipates the site remaining net-positive for Maryland. Future end-user load is expected to be paired with incremental on-site generation and battery storage, ensuring that energy infrastructure added at the site exceeds on-site consumption.

Will the project require new transmission buildout?

The site benefits from existing transmission infrastructure. Any future upgrades would be evaluated in coordination with utilities and regulators to support safe, efficient, and reliable operations.

What environmental impacts should the community expect?

As a legacy power generation site, Morgantown is well suited for redevelopment. The project includes comprehensive environmental review, remediation of historic contamination, and continued compliance with applicable environmental standards.

What will construction and traffic impacts look like?

Construction impacts will be temporary and managed with local authorities. Long-term operations are expected to generate minimal traffic compared to historical industrial use.

Where will the workforce come from?

Positions are expected to be filled primarily by residents of Charles County, Southern Maryland, and surrounding communities, supported by training and apprenticeship programs.

How will this project support local businesses?

The project is expected to create opportunities for local contractors, suppliers, and service providers during construction and ongoing operations.

Could coal power be part of redevelopment of the site?

No, TeraWulf’s plans for Morgantown do not involve coal power. The existing coal plant will be dismantled and the stack will be demolished.

How will the Chesapeake Bay and surrounding waterways be protected?

Environmental protection is a core priority. In partnership with the State of Maryland, the site will undergo accelerated cleanup, along with stormwater controls and modern environmental safeguards.

Will the redevelopment use water from the Potomac River?

No. The digital infrastructure will use sealed, closed-loop cooling systems that require minimal utility water and do not consume or discharge water during normal operations. The Potomac River will not be used as a water source.

Who is responsible for environmental conditions at the site over time?

TeraWulf will be responsible for remediation and ongoing compliance under applicable laws and permits, subject to continued oversight by state and local regulators.

Will there be emissions or safety risks from generation or battery storage?

All generation and energy storage systems will meet applicable permitting, safety, and emergency-response requirements and will be operated in accordance with modern environmental and safety standards.

How will emergency preparedness and public safety be addressed?

The project will coordinate with local fire, emergency management, and public-safety agencies. Facilities will be designed to modern safety standards, with established emergency response protocols.

When will operations begin?

The site’s existing generation already provides electricity to the grid. Redevelopment will proceed in phases over time, aligned with permitting, remediation, and infrastructure buildout.

How will the community stay informed?

TeraWulf plans to host regular community information sessions and will maintain this dedicated project website with updates and key information