jain.com

Hashrate target ~35.0 EH/s by year-end 2025

Company: Cipher Mining

Subject kind
guidance
Statement date
2024-08-12
Promised by
2025-12-31
Promised amount
35.0
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Self-mining hashrate was ~23.6 EH/s in Q4 2025, not ~35 EH/s. Cipher then adopted a bitcoin mining exit strategy, decommissioned Black Pearl mining, and cut hashrate to ~11.6 EH/s.

“~23.6 EH/s ~11.6 EH/s Q4 2025 Current Bitcoin Mining Exit Strategy Transition from BTC Mining to HPC”
2026-02-23 · cipher-mining 8-K exhibit (cipherdigital_businessup.htm) View cached copy (2026-09-13)Live source ↗
“BTC mining decommissioning completed in February 2026”
2026-02-23 · cipher-mining 8-K exhibit (cipherdigital_businessup.htm) View cached copy (2026-09-13)Live source ↗

Checked October 30, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Cipher says it is on track to reach approximately 35.0 EH/s of self-mining hashrate by year-end 2025.

Source (primary)

cipher-mining 8-K exhibit (cifr-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗

Quote: “and ~35.0 EH/s by year-end 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 (cifr-ex99_1.htm)

Quote: “and ~35.0 EH/s by year-end 2025”

View cached copy (2026-10-30)Live source ↗

Record of changes

October 30, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 30, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.