Q3 2023 Miner and Hashrate Capacity Expansion
Company: Cipher Mining
What the later record shows
Outcome not yet confirmed
No passage reports the miner count or hashrate as of the end of Q3 2023. The closest figure is from July 2024 (10.6 EH/s operated), which does not show Q3 2023 status.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
By end of Q3 2023, anticipates operating approximately 80,500 total miners capable of generating approximately 8.2 EH/s, of which will own approximately 70,500 miners representing approximately 7.2 EH/s
Source (primary)
Cipher Mining 424B5 filed 2023-08-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “By the end of the third quarter 2023, we anticipate operating approximately 80,500 miners, capable of generating approximately 8.2 EH/s across our sites, of which we will own approximately 70,500 miners, representing approximately 7.2 EH/s.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus supplement dated August 4, 2023 states every figure in the claim. It presents them as forward-looking expectations for the end of Q3 2023, which matches the claim's 'anticipates' framing.
Confirmed in the source:
- Cipher anticipated operating approximately 80,500 miners by the end of Q3 2023
- Those miners were anticipated to generate approximately 8.2 EH/s across its sites
- Cipher anticipated owning approximately 70,500 of those miners
- The owned miners were anticipated to represent approximately 7.2 EH/s
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312523203888/d506526d424b5.htm) in full (167,964 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B5 filed 2023-08-04
Quote: “By the end of the third quarter 2023, we anticipate operating approximately 80,500 miners, capable of generating approximately 8.2 EH/s across our sites, of which we will own approximately 70,500 miners, representing approximately 7.2 EH/s.”