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Colchis 1000 MW facility 2028 energization target

Company: Cipher Mining - Project: Colchis Site

Subject kind
facility capacity
Statement date
2026-02-23
Promised by
2028-12-31
Promised amount
1000.0 MW
Current status
stated

The claim, verbatim

Colchis site with deposits funded and land secured for 1000 MW gross capacity and 2028 target energization subject to ERCOT batch study

Source (primary)

cipher-mining 8-K exhibit (cipherdigital_businessup.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗

Quote: “All necessary deposits are funded & land is secured... 1,000 MW Gross Capacity... 2028 Target Energization”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document's Colchis pipeline entry states deposits funded, land secured, 1,000 MW gross capacity, and 2028 target energization, with the note that these are subject to the ERCOT batch study.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000181998926000007/cipherdigital_businessup.htm) in full (25,132 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms cipher-mining 8-K exhibit (cipherdigital_businessup.htm)

Quote: “All necessary deposits are funded & land is secured... 1,000 MW Gross Capacity... 2028 Target Energization”

View cached copy (2026-09-13)Live source ↗