Luminant payment for schedule modification
Company: Cipher Mining - Project: Odessa Facility
What the later record shows
Delivered; the record does not say when · happened September 30, 2022
Luminant paid about $5.1 million to CMTI in September 2022 under the Third Amendment. Only the month is disclosed, so on-time payment by September 10 cannot be confirmed.
“the sum of $ 5.1 million paid to CMTI in September 2022 pursuant to a contractual provision requiring such payment in the parties’ written and executed August 25, 2022 Third Amendment to the Luminant Power Agreement”
2024-05-06 · Cipher Mining 10-Q filed 2024-05-07 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
Luminant ET Services Company LLC will pay Cipher Mining Technologies Inc. $5,056,006.56 in cash on or before September 10, 2022 as consideration for modification to the power delivery ramp-up schedule
Source (primary)
Cipher Mining 424B3 filed 2022-09-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On or prior to September 10, 2022, Seller shall pay to Buyer $5,056,006.56 as consideration for the modification to the Ramp Up Schedule.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The Third Amendment and the accompanying 8-K state the payment amount, the deadline, that it is in cash, and that it is consideration for changing the ramp-up schedule.
Confirmed in the source:
- Luminant ET Services Company LLC is the Seller and Cipher Mining Technologies Inc. is the Buyer under the amended Power Purchase Agreement
- Luminant will pay Cipher $5,056,006.56 on or before September 10, 2022
- The 8-K describes the payment as being made in cash
- The payment is consideration for the modification to the Ramp Up Schedule for energy deliveries
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312522237762/d384795d424b3.htm) in full (18,901 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B3 filed 2022-09-02
Quote: “On or prior to September 10, 2022, Seller shall pay to Buyer $5,056,006.56 as consideration for the modification to the Ramp Up Schedule.”
confirms Cipher Mining 10-Q filed 2024-05-07
Quote: “the sum of $ 5.1 million paid to CMTI in September 2022 pursuant to a contractual provision requiring such payment in the parties’ written and executed August 25, 2022 Third Amendment to the Luminant Power Agreement”
