Cipher Mining

Cipher Mining is looking forward to attending The Bitcoin Conference’s Bitcoin 2025 this week. Cipher's Chief Construction Officer, Christopher 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 session replay will be available in the Events section of Cipher’s website. #Bitcoin2025 #BTC #HPC #BitcoinMining

Cipher Mining is thrilled to be attending the Barclays 15th Annual Emerging Payments and FinTech Forum. Cipher's CEO, Tyler Page, will be speaking on a panel today at 9:45am ET. Webcast can be found here: https://lnkd.in/ejbsjK3e The replay will also be available in the Events section of Cipher’s website. #BTC #HPC #BitcoinMining

The Cipher Mining 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 📍 Bitcoin Magazine Bitcoin 2025 – May 27th–29th in Las Vegas, NV Looking forward to connecting with industry leaders and innovators. If you’re attending either event, don’t hesitate to reach out. https://bit.ly/3SBZzN1 #Bitcoin #HPC #BTC2025

This morning, Cipher Mining 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 Lake * Infrastructure at Black Pearl Phase I is nearing completion, with energization and rig deployment expected ahead of schedule * Reported Revenue of $49m, up 16% quarter over quarter “Cipher’s disciplined approach to growth, strong treasury management, 2.8 GW pipeline, and site flexibility continue to give me confidence in our ability to navigate a dynamic market environment and drive long-term success,” said Tyler Page, CEO. More here: https://bit.ly/3RQ9IW5 #BTC #HPC

Cipher Mining 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 Press Release: https://bit.ly/42Hym1m #BTC #HPC

This afternoon, Cipher Mining's March operational update was released. We had another month of strong production, 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 Mined: ~210 *BTC Sold: ~206 *BTC Held: ~1,034 *Deployed Mining Rigs: ~75,000 *Month End Operating Hashrate (EH/s): ~13.5 *Month End Fleet Efficiency (J/TH): ~18.9   Press Release: https://bit.ly/3R1bG5J

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 25th – link to the call here: https://bit.ly/4irvNWn *BTC Mined: ~180 *BTC Sold: ~235 *BTC Held: ~1,032 *Deployed Mining Rigs: ~75,000 *Month End Operating Hashrate (EH/s): ~13.5 *Month End Fleet Efficiency (J/TH): ~18.9 Press Release: https://bit.ly/3XrIh8q $CIFR #HPC #BTC

Cipher Mining is looking forward to the Morgan Stanley Technology, Media & Telecom Conference this Thursday, March 6th. Cipher's CEO, Tyler Page, will be speaking on Powering GenAI at 8:30am PT. Webcast can be found here: https://lnkd.in/egNqKU7p The replay will also be available in the Events section of Cipher’s website. #HPC #BTC #GenAI #DataCenters

This morning, Cipher Mining released our fourth quarter and full year 2024 business update, reporting fourth quarter 2024 net earnings of $18m, and adjusted earnings of $51m. We continued the on-time execution of our growth and expansion plans, hitting fourth quarter milestones including: * Completing the upgrade of our Odessa fleet, which increased our total self-mining hashrate to ~13.5 EH/s * Completing the acquisition of Stingray, a data center site featuring 100 MW of front-of-the-meter capacity, all necessary regulatory approvals, and 250 acres of land adjacent to transmission assets * Nearing the completion of Phase I of Black Pearl, which remains on track to energize in the second quarter of this year * Completing the acquisition of additional 337 acres of land adjacent to Barber Lake site * Entering into 60-day exclusivity for negotiations to build an additional 500 MW HPC data center adjacent to the current site With our 2.8 GW pipeline and proven track record of execution, we are confident in our vision of becoming a leading data center developer for HPC infrastructure while remaining best-in-class in bitcoin mining. The full release can be found here: https://bit.ly/4ig9YJh $CIFR #HPC #bitcoin

In January, Cipher Mining 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 data center development. *BTC Mined: ~219 *BTC Sold: ~471 *BTC Held: ~1,091 *Deployed Mining Rigs: ~75,000 *Month End Operating Hash Rate (EH/s): ~13.5 *Month End Fleet Efficiency (J/TH): ~18.9 Press Release: https://bit.ly/3WMBTIh #CIFR #HPC #BTC