Odessa Q1 2023 expansion target
Company: Cipher Mining
What the later record shows
Delivered; the record does not say when
By February 2024, Odessa ran about 60,000 miners producing about 6.4 EH/s, which exceeds the target. The buildout finished in September 2023, but no passage says whether 47,000 miners and 4.7 EH/s were reached by the end of Q1 2023.
“As of February 29, 2024, the Odessa Facility is capable of producing approximately 6.4 EH/s through the operation of approximately 60,000 miners.”
2024-03-04 · Cipher Mining 10-K filed 2024-03-05 View cached copy (2026-08-31)Live source ↗
“We began bitcoin mining operations on this site in November 2022 and completed the build out of the site in September 2023.”
2025-02-24 · Cipher Mining 10-K filed 2025-02-25 View cached copy (2026-08-31)Live source ↗
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 first quarter 2023, anticipate operating approximately 47,000 miners at Odessa capable of generating 4.7 EH/s
Source (primary)
Cipher Mining 10-K filed 2023-03-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “By the end of the first quarter 2023, we anticipate operating approximately 47,000 miners, capable of generating approximately 4.7 EH/s”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states this anticipated Q1 2023 miner count and hashrate for Odessa.
Confirmed in the source:
- Cipher anticipated operating approximately 47,000 miners at Odessa by the end of Q1 2023
- Those miners were anticipated to be capable of approximately 4.7 EH/s
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: “By the end of the first quarter 2023, we anticipate operating approximately 47,000 miners, capable of generating approximately 4.7 EH/s”
confirms Cipher Mining 10-K filed 2024-03-05
Quote: “As of February 29, 2024, the Odessa Facility is capable of producing approximately 6.4 EH/s through the operation of approximately 60,000 miners.”
confirms Cipher Mining 10-K filed 2025-02-25
Quote: “We began bitcoin mining operations on this site in November 2022 and completed the build out of the site in September 2023.”