TeraWulf's 400MW Cayuga project paused by New York data-centre moratorium

What's the deal? On 14 July 2026, New York Governor Kathy Hochul signed Executive Order 62, the first statewide moratorium on new hyperscale data centres. It directs the Department of Environmental Conservation to hold in abeyance discretionary state environmental permits for data centres that can consume 50MW or more of power, unless an application was already deemed complete before the order took effect. The pause runs for up to one year, or until the state finalises a Generic Environmental Impact Statement.

Why it hits TeraWulf: TeraWulf holds a long-term ground lease to build the Cayuga Data Campus on the site of the former Cayuga / Milliken power plant in Lansing, Tompkins County. The project is designed for an initial 138MW, expandable to around 400MW — far above the order's 50MW threshold. As of mid-2026 the site had no approved state permit: the Town of Lansing had determined the plans incomplete and the proposal faced local opposition and litigation, so it falls squarely within the moratorium's scope.

Context: TeraWulf already operates the Lake Mariner campus in Somerset, New York, which is unaffected. The Cayuga expansion is one of around 20 hyperscale developments statewide put on hold by the freeze, against nearly 12GW of data-centre load requests in New York's grid interconnection queue as of May 2026.

Read more: TeraWulf · The Cornell Daily Sun · Governor of New York