Aug 14, 2025 | Posted by Abdul-Rahman Oladimeji
Cryptomine and HPC data center firm TeraWulf this week announced two 10-year high-performance computing (HPC) colocation agreements with Fluidstack. TeraWulf will deliver more than 200MW of critical IT load (~250MW of gross capacity) at its Lake Mariner data center campus in New York. The deal will see approximately 40MW of critical IT load in the first half of 2026, with the full 200MW deployed by the end of 2026.
“This is a defining moment for TeraWulf,” said Paul Prager, CEO of TeraWulf. “We are proud to unite world-class capital and compute partners to deliver the next generation of AI infrastructure, powered by low-cost, predominantly zero-carbon energy. This transaction underscores Lake Mariner’s status as a premier hyperscale-ready campus and further accelerates our strategic expansion into high-performance compute.”
“Fluidstack is proud to be a trusted provider of critical compute for the world’s leading AI labs,” added César Maklary, co-founder and president of Fluidstack. “Our partnership with TeraWulf reflects our shared commitment to delivering rapid, scalable infrastructure for the AI frontier.”
