Mining Site Deployment and Readiness
Company: Cipher Mining
What the later record shows
Delivered; the record does not say when
2025 filings show Cipher's original sites (Odessa and the three 40 MW JV sites Alborz, Bear and Chief) operating. Nothing says whether the two additional sites were ready by end of March 2022.
“have equity investments in three partially-owned 40 MW bitcoin mining data centers”
2025-08-06 · Cipher Mining 10-Q filed 2025-08-07 View cached copy (2026-08-31)Live source ↗
“Reflects reconciled combined electricity cost from Q2 2025 of Odessa, Alborz, Bear & Chief, including TDU charges”
2025-08-06 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-10-08)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
Cipher began capacity deployment in Q1 2022 with mining operations commencing at one site in February 2022, with power and infrastructure readiness planned at two additional sites by end of March 2022
Source (primary)
Cipher Mining 10-K filed 2022-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “We began deployment of capacity in the first quarter of 2022, with mining operations beginning at one site in February 2022 and with power and infrastructure readiness at two of our other mining sites planned by the end of March 2022.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The 10-K states the first-quarter 2022 deployment start, the February 2022 mining start at one site and the planned March 2022 readiness at two other sites.
Confirmed in the source:
- Cipher began deployment of capacity in the first quarter of 2022
- Mining operations began at one site in February 2022
- Power and infrastructure readiness at two other sites was planned by the end of March 2022
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 began deployment of capacity in the first quarter of 2022, with mining operations beginning at one site in February 2022 and with power and infrastructure readiness at two of our other mining sites planned by the end of March 2022.”
confirms Cipher Mining 10-Q filed 2025-08-07
Quote: “have equity investments in three partially-owned 40 MW bitcoin mining data centers”
confirms cipher-mining 8-K exhibit (ciphermining_businessupd.htm)
Quote: “Reflects reconciled combined electricity cost from Q2 2025 of Odessa, Alborz, Bear & Chief, including TDU charges”