8.5 EH/s total hashrate from equipment contracts in 2022
Company: Cipher Mining
What the later record shows
Delivered late
Part of the contracted SuperAcme hardware was only received during 2023, so the full 8.5 EH/s could not have been in place in 2022. By July 31, 2024 Cipher operated about 10.6 EH/s, but no passage says when 8.5 EH/s was first reached.
“During the year ended December 31, 2023 , the Company received the remaining 17,094 MicroBT M30S, M30S+ and M30S++ miners (“MicroBT miners”) related to the framework agreement of September 2021”
2024-03-04 · Cipher Mining 10-K filed 2024-03-05 View cached copy (2026-08-31)Live source ↗
“As of July 31, 2024, we operated an aggregate hashrate capacity of approximately 10.6 EH/s, utilizing approximately 310 MW of electricity”
2024-08-12 · Cipher Mining 10-Q filed 2024-08-13 View cached copy (2026-08-31)Live source ↗
Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
entered into mining machine purchase contracts to deliver computational power of approximately 8.5 EH/s in 2022 based on delivery schedules with Bitmain and SuperAcme
Source (primary)
Cipher Mining 10-K filed 2022-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “we have entered into mining machine purchase contracts to deliver a computational power (hashrate) of approximately 8.5 EH/s in 2022, based on agreed delivery schedules with Bitmain and SuperAcme”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The 10-K states the 8.5 EH/s figure and its basis in the Bitmain and SuperAcme delivery schedules. The filing adds that the figure assumes timely deliveries.
Confirmed in the source:
- Cipher had entered into mining machine purchase contracts to deliver approximately 8.5 EH/s of computational power in 2022
- The 8.5 EH/s figure is based on agreed delivery schedules with Bitmain and SuperAcme
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000095017022002861/cifr-20211231.htm) in full (509,143 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-K filed 2022-03-04
Quote: “we have entered into mining machine purchase contracts to deliver a computational power (hashrate) of approximately 8.5 EH/s in 2022, based on agreed delivery schedules with Bitmain and SuperAcme”
confirms Cipher Mining 10-K filed 2024-03-05
Quote: “During the year ended December 31, 2023 , the Company received the remaining 17,094 MicroBT M30S, M30S+ and M30S++ miners (“MicroBT miners”) related to the framework agreement of September 2021”
confirms Cipher Mining 10-Q filed 2024-08-13
Quote: “As of July 31, 2024, we operated an aggregate hashrate capacity of approximately 10.6 EH/s, utilizing approximately 310 MW of electricity”