Self-mining hashrate target 3Q 2025
Company: Cipher Mining
What the later record shows
Delivered on time · happened September 30, 2025
Self-mining hashrate reached ~23.6 EH/s in Q3 2025, above the ~23.1 EH/s projection, with Black Pearl Phase I 150 MW completed.
“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 projects self-mining hashrate of about 23.1 EH/s in 3Q 2025, assuming energization of 150 MW Black Pearl Phase I with rigs under the Bitmain option plus redeployed Odessa rigs.
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 chart shows ~23.1 EH/s for 3Q 2025. Its second footnote states the 150 MW Phase I, Bitmain-option and Odessa-rig assumptions.
Confirmed in the source:
- Cipher projects self-mining hashrate of about 23.1 EH/s in 3Q 2025
- The 3Q 2025 projection assumes energization of the 150 MW Black Pearl Phase I
- The 3Q 2025 projection assumes rigs under the Bitmain option plus previously used Odessa rigs
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 (ciphermining_businessupd.htm)
Quote: “Exceeded Q3 2025 hashrate projections and achieved total self-mining hashrate of ~23.6 EH/s”