Power and hosting agreements providing access to 2.7 c/kWh electricity
Company: Cipher Mining
The claim, verbatim
Separate power and hosting arrangements with Standard Power, WindHQ, and Luminant providing access for at least five years to electricity at approximately 2.7 c/kWh
Source (primary)
Cipher Mining 10-K filed 2022-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)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 29, 2026. The cited source supports part of this claim, but not all of it.
The 10-K confirms the three arrangements, but it presents the 2.7 c/kWh, five-year access only as an expectation. The claim states it as an established fact.
Confirmed in the source:
- Cipher entered into separate power and hosting arrangements with Standard Power, WindHQ and Luminant
- Cipher expects these arrangements to give it access, for at least five years, to an average electricity cost of approximately 2.7 c/kWh
We could not confirm this from the cited source:
- That the arrangements actually provide (rather than are expected to provide) five-year access to electricity at approximately 2.7 c/kWh
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/1819989/000095017022002861/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: “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”