Long-term electricity access at fixed rate
Company: Cipher Mining
The claim, verbatim
Expected to have access for at least five years to an average cost of electricity of approximately 2.7 cents per kilowatt hour
Source (primary)
Cipher Mining 424B3 filed 2022-10-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Pursuant to these agreements, we expect to have access, for at least five years, to an average cost of electricity of approximately 2.7 c/kWh”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the company expects access for at least five years to an average electricity cost of approximately 2.7 c/kWh.
Confirmed in the source:
- Expected access for at least five years
- Average cost of electricity of approximately 2.7 cents per kilowatt hour
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312522259584/d385422d424b3.htm) in full (117,007 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B3 filed 2022-10-07
Quote: “Pursuant to these agreements, we expect to have access, for at least five years, to an average cost of electricity of approximately 2.7 c/kWh”