Average electricity cost from power agreements
Company: Cipher Mining
The claim, verbatim
Has access to average electricity cost of 2.7 cents/kWh until at least 2027 under power agreements
Source (primary)
Cipher Mining 10-K filed 2023-03-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Pursuant to these agreements, we have access, until at least 2027, to an average cost of electricity of approximately 2.7 c/kWh”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The 10-K states access to approximately 2.7 c/kWh electricity until at least 2027.
Confirmed in the source:
- Cipher has access to power at an average cost of approximately 2.7 c/kWh
- This access runs until at least 2027 under the power and hosting agreements
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000095017023007793/cifr-20221231.htm) in full (564,500 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-K filed 2023-03-14
Quote: “Pursuant to these agreements, we have access, until at least 2027, to an average cost of electricity of approximately 2.7 c/kWh”