The Mining Pod | Bitcoin Mining News TeraWulf's AI Power Play With Nazar Khan
May 27, 2025
Nazar Khan, co-founder of TeraWulf, is at the forefront of merging energy and AI data center technology. He discusses the strategic shift into AI infrastructure alongside their Bitcoin mining operations, including plans for the expansive Lake Mariner site. Khan also dives into the innovative Fractal Bitcoin model that optimizes mining costs without new hardware. He highlights the rapid development in Memphis and the significance of robust cybersecurity measures for sustainable growth in this evolving industry.
AI Snips
Chapters
Transcript
Episode notes
From Power Plants to Bitcoin Mining
- Nazar Khan shares how TeraWulf evolved from power plant ownership to Bitcoin mining for energy monetization.
- Bitcoin mining serves as a flexible load, turning on and off quickly to respond to power demand efficiently.
AI Data Centers Scale Energy Monetization
- AI data centers represent a new way to monetize energy at a much larger capital scale than Bitcoin mining.
- Core 42 was the ideal AI partner due to their capital capabilities and belief in TeraWulf's execution ability.
Manage Supply Chains Strategically
- Plan construction timelines with vendors to align orders and delivery schedules effectively.
- Use opportunities from others' over-ordered equipment to secure better deals and manage supply chain risks.