Black Pearl energization 2Q 2025
Company: Cipher Mining
What the later record shows
Delivered on time · happened June 30, 2025
The August 2025 update says Black Pearl construction and energization were completed on schedule in Q2 2025. The 10-K adds that bitcoin mining began there in June 2025.
“Phase I – 150 MW – Construction and energization completed on schedule in Q2 2025”
2025-08-06 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-10-08)Live source ↗
“We commenced mining bitcoin at the Black Pearl data center in June 2025 and ramped up to 150 MW of capacity by September 2025.”
2026-02-23 · Cipher Mining 10-K filed 2026-02-24 View cached copy (2026-08-31)Live source ↗
Checked October 19, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Cipher expects the Black Pearl site to be energized in 2Q 2025.
Source (primary)
cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-19)Live source ↗
Quote: “Energization expected in 2Q 2025”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm)
Quote: “Energization expected in 2Q 2025”
confirms Cipher Mining 10-K filed 2026-02-24
Quote: “We commenced mining bitcoin at the Black Pearl data center in June 2025 and ramped up to 150 MW of capacity by September 2025.”
confirms cipher-mining 8-K exhibit (ciphermining_businessupd.htm)
Quote: “Phase I – 150 MW – Construction and energization completed on schedule in Q2 2025”