Odessa Facility capacity fill by end of 2023
Company: Cipher Mining - Project: Odessa Facility
What the later record shows
Delivered on time · happened May 4, 2023
On May 4, 2023 Cipher agreed to buy 11,000 Canaan miners, all delivered and installed at Odessa before June 30, 2023. The buildout was finalized in September 2023, well before year-end.
“On May 4, 2023, we entered into the Canaan Agreement with Canaan to purchase 11,000 new A1346 model miners, all of which were delivered prior to June 30, 2023 and have been installed at the Odessa Facility.”
2023-11-07 · Cipher Mining 10-Q filed 2023-11-08 View cached copy (2026-08-31)Live source ↗
“In September 2023, the Company finalized the buildout of the operations at the Odessa Facility.”
2023-11-07 · Cipher Mining 10-Q filed 2023-11-08 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
Will purchase approximately 10,800 additional miners to fill out remaining capacity before end of 2023
Source (primary)
Cipher Mining 10-K filed 2023-03-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We anticipate purchasing additional miners to fill out that capacity before the end of 2023.”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The filing says Cipher anticipates buying more miners for Odessa before the end of 2023. However, it gives the 10,800 figure only as a conditional estimate of what could be needed if M50 rigs are used, not as a definite purchase plan.
Confirmed in the source:
- Cipher Mining anticipates purchasing additional miners to fill the remaining capacity at its Odessa Facility before the end of 2023
- The 10-K estimates that about 35 MW of Odessa capacity could require approximately 10,800 additional miners, assuming MicroBT M50 mining rigs
We could not confirm this from the cited source:
- That Cipher Mining will purchase approximately 10,800 additional miners (the filing presents 10,800 only as the number it 'could need' under an M50 assumption, not as a planned or committed purchase quantity)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “We anticipate purchasing additional miners to fill out that capacity before the end of 2023.”
confirms Cipher Mining 10-Q filed 2023-11-08
Quote: “On May 4, 2023, we entered into the Canaan Agreement with Canaan to purchase 11,000 new A1346 model miners, all of which were delivered prior to June 30, 2023 and have been installed at the Odessa Facility.”