TeraWulf Inc. (NASDAQ: WULF) is proposing a 150–400 MW AI data center on the shoreline of Cayuga Lake at the former Cayuga Power Plant — the drinking water source for 100,000–200,000 residents via Bolton Point (PWSID NY5404423). CEO Paul Prager told residents publicly 'no water from Cayuga Lake' — while his landlord holds a DEC permit for 1.008 MILLION gallons/day from that same lake. TeraWulf told the ZBA it was a 'scientific research laboratory' to bypass zoning — rejected 4-1. A bare 3-2 majority classified it as a 'general processing facility.' Active lawsuit: CLEAN & FLX Strong v. Lansing ZBA — Tompkins County Supreme Court DENIED motion to dismiss. A 42-acre UNLINED coal ash landfill on the site has been leaching into groundwater for 30 years. NYSEG is simultaneously seeking a 24% electric rate increase — their own website names data centers as a driver. Google owns 14% of TeraWulf. CEO's private company (Beowulf E&D) collected $15.3M in management fees from the public company in FY2025.
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