Power and Hosting Agreements with Electricity Cost
Company: Cipher Mining
The claim, verbatim
Cipher entered into separate power and hosting agreements with Standard Power, WindHQ, and Luminant to cover data center sites, providing access for at least five years to electricity at an average cost of approximately 2.7 cents per kilowatt-hour
Source (primary)
Cipher Mining 10-K filed 2022-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)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 sites for our data centers... 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
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Additional evidence
confirms Cipher Mining 10-K filed 2022-03-04
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 sites for our data centers... 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.”