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Barber Lake estimate-at-completion

Company: Cipher Mining

Subject kind
guidance
Statement date
2026-10-12
Promised amount
2966000000.0 USD
Current status
stated

The claim, verbatim

Barber Lake's estimated all-in development cost at completion is $2,941-2,966MM, against an original budget of $2,157MM.

Source (primary)

cipher-mining 8-K exhibit (d134900dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-14)Live source ↗

Quote: “$2,941 - 2,966”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The cost waterfall runs from a $2,157 original budget to an illustrative EAC of $2,941-2,966. The footnote defines EAC as the current estimated all-in development cost.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000119312526419743/d134900dex991.htm) in full (17,922 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms cipher-mining 8-K exhibit (d134900dex991.htm)

Quote: “$2,941 - 2,966”

View cached copy (2026-10-14)Live source ↗