Exhibit 21.1
TERAWULF INC.
List of Subsidiaries
As of December 31, 2022 | | | Jurisdiction of Incorporation or Organization | Percentage of Voting Securities Held by Immediate Parent | |||
TeraWulf Inc. | | | Delaware | | |||
TeraCub Inc. | | | Delaware | 100% | |||
| TeraLease LLC | | Delaware | 100% | |||
| TeraWulf Ploughwind LLC | | Delaware | 100% | |||
| | Kyalami Data LLC | Delaware | 100% | |||
| TeraWulf (Thales) LLC | | Delaware | 100% | |||
| | Nautilus Cryptomine LLC | Delaware | 25% | |||
| TeraWulf Brookings LLC | | Delaware | 100% | |||
| | Lake Mariner Data LLC | Delaware | 100% | |||
RM 101 Inc. (formerly known as IKONICS Corporation) | | | Delaware | 100% |