Black Pearl 300 MW total; Phase II 150 MW under evaluation
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Black Pearl has 300 MW total power capacity on 70 acres; Cipher is evaluating bitcoin mining or HPC for the 150 MW Phase II capacity.
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: “Evaluating BTC mining or HPC for 150 MW of Phase II capacity”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The Black Pearl slide gives the 300 MW capacity and 70-acre size. It also states that Phase II's 150 MW is being evaluated for bitcoin mining or HPC.
Confirmed in the source:
- Black Pearl has 300 MW of total power capacity
- Black Pearl covers 70 acres
- Cipher is evaluating bitcoin mining or HPC for 150 MW of Phase II capacity
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: “Evaluating BTC mining or HPC for 150 MW of Phase II capacity”