Self-mining hashrate and fleet efficiency target YE 2024
Company: Cipher Mining
What the later record shows
Partly delivered · happened December 31, 2024
The ~13.5 EH/s hashrate target was met in Q4 2024. Fleet efficiency as of December 31, 2024 was ~18.9 J/TH, slightly worse than the ~18.6 J/TH target.
“($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 ↗
“~18.9 J/TH Operating Fleet Efficiency SELF-MINING EFFICIENCY ~2.7c/kwh Weighted Avg. Power Price(3)”
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
Cipher estimates self-mining hashrate of about 13.5 EH/s and fleet efficiency of about 18.6 J/TH by year-end 2024.
Source (primary)
cipher-mining 8-K exhibit (cifr-ex99_2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗
Quote: “~13.5 EH/s YE 2024E ... ~18.6 J/TH YE 2024E”
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_2.htm)
Quote: “~13.5 EH/s YE 2024E ... ~18.6 J/TH YE 2024E”