jain.com

Hashrate ~16.0 EH/s by end of Q2 2025

Company: Cipher Mining

Subject kind
guidance
Statement date
2025-05-05
Promised by
2025-06-30
Promised amount
16.0
Current status
verified

What the later record shows

Delivered on time · happened June 30, 2025

Hashrate reached ~16.8 EH/s at the end of Q2 2025, exceeding the ~16.0 EH/s target.

“Full fleet delivered ~16.8 EH/s of self-mining capacity at the end of the second quarter”
2025-08-06 · cipher-mining 8-K exhibit (exh991aug7_earningsxpressr.htm) View cached copy (2026-10-08)Live source ↗

Checked October 16, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The rig redeployment will bring Cipher's hashrate to about 16.0 EH/s by the end of the second quarter of 2025.

Source (primary)

cipher-mining 8-K exhibit (exh991cifrmay6_earningsxpr.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗

Quote: “This redeployment will bring Cipher to ~16.0 EH/s by the end of the second quarter”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

The release, dated May 2025, says the redeployment will bring Cipher to about 16.0 EH/s by the end of the second quarter.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000181998925000034/exh991cifrmay6_earningsxpr.htm) in full (15,860 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms cipher-mining 8-K exhibit (exh991cifrmay6_earningsxpr.htm)

Quote: “This redeployment will bring Cipher to ~16.0 EH/s by the end of the second quarter”

View cached copy (2026-10-16)Live source ↗

confirms cipher-mining 8-K exhibit (exh991aug7_earningsxpressr.htm)

Quote: “Full fleet delivered ~16.8 EH/s of self-mining capacity at the end of the second quarter”

View cached copy (2026-10-08)Live source ↗

Record of changes

October 16, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 16, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.