jain.com

Hashrate ~23.1 EH/s by end of Q3 2025

Company: Cipher Mining

Subject kind
guidance
Statement date
2025-05-05
Promised by
2025-09-30
Promised amount
23.1
Current status
verified

What the later record shows

Delivered on time · happened September 30, 2025

Cipher reported ~23.6 EH/s self-mining hashrate for Q3 2025, exceeding the ~23.1 EH/s target.

“Exceeded Q3 2025 hashrate projections and achieved total self-mining hashrate of ~23.6 EH/s”
2025-11-02 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-09-27)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

Cipher expects to scale its hashrate to about 23.1 EH/s by the end of the third quarter of 2025, depending on tariffs and new rig delivery schedules.

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: “with expectations to scale to ~23.1 EH/s by the end of the third quarter”

How we checked this

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

The release gives the roughly 23.1 EH/s target for the end of the third quarter. It qualifies that target by saying the company continues to monitor tariffs and new rig delivery schedules.

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: “with expectations to scale to ~23.1 EH/s by the end of the third quarter”

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

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

Quote: “Exceeded Q3 2025 hashrate projections and achieved total self-mining hashrate of ~23.6 EH/s”

View cached copy (2026-09-27)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.