Cipher Mining
@CipherInc
Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting.
In November, $CIFR's operations and construction teams continued upgrading the mining fleet at Odessa, which we expect to complete by year-end, and developing the new Black Pearl data center. The Company also closed its acquisition of the 100 MW Stingray site, expected to…
$CIFR will be hosting our Second Quarter 2025 Earnings Conference Call on Thursday, August 7th at 8:00 a.m. Eastern Time. More information here: bit.ly/4kzpD6Z
$CIFR surpassed its Q2 hashrate forecast at Black Pearl Phase I, now delivering ~3.4 EH/s and exceeding prior guidance of 2.5 EH/s. Cipher remains on track to scale total hashrate to 23.1 EH/s upon completion of rig upgrades in Q3. *BTC Mined: ~160 *BTC Sold: ~58 *BTC Held:…
Grateful for the relentless effort from our team to get Black Pearl online in just 16 months. Ahead of schedule. Built safely. Now hashing. Huge congratulations to the entire team on the exceptional work; let’s keep building. $CIFR
$CIFR has successfully energized and commenced hashing at our Black Pearl site! We’re proud to have safely and efficiently delivered this best-in-class data center in just 16 months. With today’s update, we have accomplished the following: * Successfully energized 300 MW Black…
$CIFR has successfully energized and commenced hashing at our Black Pearl site! We’re proud to have safely and efficiently delivered this best-in-class data center in just 16 months. With today’s update, we have accomplished the following: * Successfully energized 300 MW Black…
We had a productive and energizing week at @TheBitcoinConf's Bitcoin 2025 and @BITMAINtech's World Digital Mining Summit! Grateful for the opportunity to connect with industry leaders and innovators and to share $CIFR's unique perspective on stage. #BTC #HPC #BitcoinMining
$CIFR continues to make excellent progress at Black Pearl and remains on track for energization this month. Phase I is nearly complete and legacy rigs from the Odessa upgrade are racked and ready for energization. We have also purchased the remaining balance of mining rigs to…
CIPHER MINING'S HPC PIVOT, SOFTBANK INVESTMENT & TIER 3 DATA CENTERS x.com/i/broadcasts/1…
@CipherInc is looking forward to attending @TheBitcoinConf ’s Bitcoin 2025 this week. $CIFR's Chief Construction Officer, @Chris_Totin, will be speaking on a panel on Wednesday, May 28th at 12:30pm PT titled, “Building Data Centers With Bitcoin Mining & AI In Mind.” The…
@CipherInc is thrilled to be attending the @Barclays 15th Annual Emerging Payments and FinTech Forum. $CIFR's CEO, @rftylerpage, will be speaking on a panel today at 9:45am ET. Webcast can be found here: event.webcasts.com/starthere.jsp?… The replay will also be available in the Events…
The $CIFR team is excited to be attending the following investor and industry conferences: 📍@Barclays 15th Annual Emerging Payments and FinTech Forum – May 19th in New York, NY 📍@BitcoinMagazine Bitcoin 2025 – May 27th–29th in Las Vegas, NV Looking forward to connecting with…
This morning, $CIFR released its Q1’25 business update, highlighting disciplined execution and steady progress as we advanced our 2025 expansion plans. Cipher also announced the following updates: * Signed term sheet with Fortress to serve as the JV financing partner at Barber…
$CIFR looks forward to sharing a business update during our earnings call on Tuesday, May 6th at 8:00 a.m. ET. *BTC Mined: ~174 *BTC Sold: ~350 *BTC Held: ~855 *Deployed Mining Rigs: ~75,000 *Month End Operating Hashrate (EH/s): ~13.5 *Month End Fleet Efficiency (J/TH): ~18.9…
March was another month of strong production for $CIFR, highlighting the consistency of our mining operation. In addition, the Company continues to make substantial progress on the construction of Black Pearl, receiving our second transformer for the site ahead of schedule. *BTC…
Cipher delivered strong production in the short month of February despite a brief, planned shutdown at our Odessa site for annual high-voltage electrical maintenance. For a business update on the Company, please refer to our Q4 & FY’24 business update call from Tuesday, February…
@CipherInc is looking forward to the @MorganStanley Technology, Media & Telecom Conference this Thursday, March 6th. $CIFR's CEO, Tyler Page, will be speaking on Powering GenAI at 8:30am PT. Webcast can be found here: cc.webcasts.com/morg007/030325… The replay will also be available…
This morning, we released our Q4 & FY’24 business update, reporting fourth quarter net earnings of $18m, and adjusted earnings of $51m. $CIFR continued the on-time execution of our growth and expansion plans, hitting fourth quarter milestones including: * Completing the upgrade…
In January, $CIFR made significant progress at its Black Pearl site, nearing completion of the Phase 1 building. In addition, the Company continued discussions with potential tenants and financing partners, aligning with management’s vision to establish Cipher as a leader in HPC…
We are thrilled to announce a $50M PIPE investment from @SoftBank_Group . This investment will support $CIFR's HPC data center development business and establish SoftBank as a significant primary investor in Cipher. Full release can be found here: bit.ly/4jAxmT8 $CIFR…
In December, the Company’s operations and construction teams completed the upgrade of the mining fleet at Odessa and made substantial progress on the development of the new Black Pearl data center. *BTC Mined: ~234 *BTC Sold: ~271 *BTC Held: ~1,344 *Deployed Mining Rigs: ~75,000…
