jain.com

Option to buy 160 MW of Canaan next-gen miners in 2025

Company: Cipher Mining

Subject kind
partnership
Statement date
2024-06-09
Promised amount
160.0 MW
Current status
stated

The claim, verbatim

Cipher secured an option to purchase an additional 160 MW of Canaan's next-generation miners when available in 2025, with pricing locked near current A1566 prices.

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: “Cipher secured an option to purchase an additional 160 MW worth of Canaan's next generation miners when they become available in 2025, with pricing locked in near current A1566 prices”

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: “Cipher secured an option to purchase an additional 160 MW worth of Canaan's next generation miners when they become available in 2025, with pricing locked in near current A1566 prices”

View cached copy (2026-11-03)Live source ↗