Black Pearl Phase II 150 MW dual-use infrastructure
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Cipher is developing design and construction plans for Black Pearl Phase II, envisioning 150 MW of infrastructure that can support both hydro-bitcoin mining and HPC, convertible to Tier 1, 2 or 3 specifications based on tenant preferences.
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: “Developing design and construction plans for Black Pearl Phase II, which envisions 150 MW of infrastructure designed to support both hydro-bitcoin mining and HPC compute applications”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The highlights describe the 150 MW dual-use plan for Phase II. The strategy discussion says segments can be converted to Tier 1, 2, or 3 specifications based on tenant preferences.
Confirmed in the source:
- Cipher is developing design and construction plans for Black Pearl Phase II
- Black Pearl Phase II envisions 150 MW of infrastructure
- The infrastructure is designed to support both hydro-bitcoin mining and HPC
- Segments of the site can be converted to Tier 1, 2, or 3 design specifications in response to tenant leasing preferences
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: “Developing design and construction plans for Black Pearl Phase II, which envisions 150 MW of infrastructure designed to support both hydro-bitcoin mining and HPC compute applications”