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Odessa YE 2024 operating hashrate

Company: Cipher Mining

Subject kind
guidance
Statement date
2024-10-30
Promised by
2024-12-31
Promised amount
11.3
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

The February 2025 deck shows Odessa at about 11.3 EH/s current operating hashrate as of January 2025, after the Q4 2024 fleet upgrade. The exact year-end figure is not stated separately.

“ODESSA Odessa – 87% of BTC Production(1) ~$20,298 All-in Electricity Cost per BTC January 2025(2) ~11.3 EH/s Current Operating Hashrate”
2025-02-24 · cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm) View cached copy (2026-10-19)Live source ↗
“We successfully upgraded our Odessa fleet, which grew our total self-mining hashrate to approximately 13.5 EH/s.”
2025-02-24 · cipher-mining 8-K exhibit (cifr-20250225xex991.htm) View cached copy (2026-10-19)Live source ↗

Checked October 25, 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 Odessa site to reach about 11.3 EH/s of operating hashrate by year-end 2024, up from about 7.1 EH/s currently, assuming the contracted rigs are energized.

Source (primary)

cipher-mining 8-K exhibit (ciphermining_businessupd.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “~11.3 EH/s YE 2024 Operating Hashrate(2)”

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 (ciphermining_businessupd.htm)

Quote: “~11.3 EH/s YE 2024 Operating Hashrate(2)”

View cached copy (2026-10-25)Live source ↗

confirms cipher-mining 8-K exhibit (cifr-20250225xex991.htm)

Quote: “We successfully upgraded our Odessa fleet, which grew our total self-mining hashrate to approximately 13.5 EH/s.”

View cached copy (2026-10-19)Live source ↗

confirms cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm)

Quote: “ODESSA Odessa – 87% of BTC Production(1) ~$20,298 All-in Electricity Cost per BTC January 2025(2) ~11.3 EH/s Current Operating Hashrate”

View cached copy (2026-10-19)Live source ↗

Record of changes

October 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 25, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.