2024 year-end fleet efficiency target
Company: Cipher Mining
What the later record shows
Partly delivered · happened December 31, 2024
At December 31, 2024, operating fleet efficiency was ~18.9 J/TH. That is slightly worse than the ~18.6 J/TH target, so the goal was nearly but not fully met.
“~18.9 J/TH Operating Fleet Efficiency SELF-MINING EFFICIENCY ~2.7c/kwh Weighted Avg. Power Price(3) POWER PRICE”
2025-02-24 · cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm) View cached copy (2026-10-19)Live source ↗
Checked November 3, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Cipher targets a fleet efficiency of approximately 18.6 J/TH by year-end 2024.
Source (primary)
cipher-mining 8-K exhibit (d846288dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-03)Live source ↗
Quote: “New 2024 year-end self-mining hash rate target of ~13.5 EH/s with fleet efficiency of ~18.6 J/TH”
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 (d846288dex991.htm)
Quote: “New 2024 year-end self-mining hash rate target of ~13.5 EH/s with fleet efficiency of ~18.6 J/TH”