Power hosting and electricity supply agreements
Company: Cipher Mining
The claim, verbatim
Entered into Standard Power Hosting Agreement, WindHQ Joint Venture Agreement, and Luminant Power Agreement covering at least four mining sites, with access for at least five years to electricity at an average cost of approximately 2.7 c/kWh
Source (primary)
Cipher Mining 424B3 filed 2022-05-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we entered into the Standard Power Hosting Agreement, the WindHQ Joint Venture Agreement and the Luminant Power Agreement, all of which, together, are expected to cover at least four sites where we expect to begin our buildout... 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 names all three agreements, states they cover at least four sites, and gives the five-year term and ~2.7 c/kWh average electricity cost, supporting every assertion.
Confirmed in the source:
- Cipher entered into the Standard Power Hosting Agreement, the WindHQ Joint Venture Agreement and the Luminant Power Agreement
- These agreements together are expected to cover at least four buildout sites
- Cipher expects access for at least five years to electricity at an average cost of approximately 2.7 c/kWh
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312522140480/d350585d424b3.htm) in full (580,459 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B3 filed 2022-05-04
Quote: “we entered into the Standard Power Hosting Agreement, the WindHQ Joint Venture Agreement and the Luminant Power Agreement, all of which, together, are expected to cover at least four sites where we expect to begin our buildout... we expect to have access, for at least five years, to an average cost of electricity of approximately 2.7 c/kWh”