Odessa site upgrade to bring hashrate to ~13.5 EH/s in Q4 2024
Company: Cipher Mining
What the later record shows
Delivered on time · happened December 31, 2024
The Q4 2024 release states the Odessa fleet upgrade was completed, raising total self-mining hashrate to ~13.5 EH/s, which the key indicators attribute to Q4 2024.
“Completed upgrade of the Odessa fleet, increasing total self-mining hashrate to ~13.5 EH/s”
2025-02-24 · cipher-mining 8-K exhibit (cifr-20250225xex991.htm) View cached copy (2026-10-19)Live source ↗
“($87m) Q3 2024 $18m Q4 2024 GAAP NET EARNINGS ~13.5 EH/s Q4 2024 ~23.0 EH/s Q3 2025(1) SELF-MINING HASHRATE”
2025-02-24 · cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm) View cached copy (2026-10-19)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
The upgrade of the Odessa site, bringing total self-mining hashrate to about 13.5 EH/s, is on track for Q4 2024.
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: “Upgrade of Odessa site bringing total self-mining hashrate to ~13.5 EH/s on track for Q4 2024”
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: “Upgrade of Odessa site bringing total self-mining hashrate to ~13.5 EH/s on track for Q4 2024”
confirms cipher-mining 8-K exhibit (cifr-20250225xex991.htm)
Quote: “Completed upgrade of the Odessa fleet, increasing total self-mining hashrate to ~13.5 EH/s”
confirms cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm)
Quote: “($87m) Q3 2024 $18m Q4 2024 GAAP NET EARNINGS ~13.5 EH/s Q4 2024 ~23.0 EH/s Q3 2025(1) SELF-MINING HASHRATE”