Black Pearl miner deliveries by end of Q3 2025
Company: Cipher Mining - Project: Black Pearl Facility
What the later record shows
Outcome not yet confirmed
A ramp to 150 MW by September 2025 is reported, but no passage says the two new miner orders were delivered by the end of Q3 2025.
“We commenced mining bitcoin at the Black Pearl data center in June 2025 and ramped up to 150 MW of capacity by September 2025.”
2026-02-23 · Cipher Mining 10-K filed 2026-02-24 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Cipher executed two fully funded orders for latest-generation miners for Black Pearl, with deliveries expected by the end of Q3 2025.
Source (primary)
cipher-mining 8-K exhibit (exh991aug7_earningsxpressr.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-08)Live source ↗
Quote: “Executed two fully funded orders to purchase latest-generation miners for Black Pearl, with deliveries expected by the end of the third quarter”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release's highlights, dated during 2025, state that both orders are fully funded and that deliveries are expected by the end of the third quarter.
Confirmed in the source:
- Cipher executed two fully funded orders for latest-generation miners for Black Pearl
- Deliveries of these miners are expected by the end of the third quarter of 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000181998925000079/exh991aug7_earningsxpressr.htm) in full (16,732 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (exh991aug7_earningsxpressr.htm)
Quote: “Executed two fully funded orders to purchase latest-generation miners for Black Pearl, with deliveries expected by the end of the third quarter”