Self-mining hashrate target 2Q 2025
Company: Cipher Mining
What the later record shows
Delivered on time · happened June 30, 2025
Self-mining capacity was ~16.8 EH/s at the end of Q2 2025, above 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
Cipher projects self-mining hashrate rising from about 13.5 EH/s currently to about 16.0 EH/s in 2Q 2025, assuming energization of Black Pearl Phase I with rigs redeployed from Odessa.
Source (primary)
cipher-mining 8-K exhibit (exh992ciphermining_busin.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗
Quote: “~13.5 EH/s ~16.0 EH/s ~23.1 EH/s Current 2Q 2025 3Q 2025”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The hashrate chart shows ~13.5 EH/s current and ~16.0 EH/s for 2Q 2025. Its footnote states the assumption about Black Pearl Phase I using redeployed Odessa rigs.
Confirmed in the source:
- Cipher's self-mining hashrate is currently about 13.5 EH/s
- Cipher projects about 16.0 EH/s in 2Q 2025
- The 2Q 2025 projection assumes energization of Black Pearl Phase I with previously used rigs from the Odessa site
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000181998925000034/exh992ciphermining_busin.htm) in full (18,992 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (exh992ciphermining_busin.htm)
Quote: “~13.5 EH/s ~16.0 EH/s ~23.1 EH/s Current 2Q 2025 3Q 2025”
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”