Self-mining hash rate target for Q3 2024
Company: Cipher Mining
What the later record shows
Delivered; the record does not say when
Hashrate was ~8.7 EH/s at the end of July 2024, and by January 2025 Odessa's ~11.3 EH/s plus Cipher's ~2.2 EH/s JV share exceeded 9.3 EH/s. No passage gives the figure at September 30, 2024, so on-time delivery cannot be determined.
“~8.7 EH/s Current(1) ~35.0 EH/s 2025(2) Self-Mining Hashrate”
2024-08-12 · cipher-mining 8-K exhibit (cifr-ex99_2.htm) View cached copy (2026-10-30)Live source ↗
“~11.3 EH/s Current Operating Hashrate Total Power Capacity Odessa Fleet Efficiency(3) ~17.6 J/TH 207 MW”
2025-02-24 · cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm) View cached copy (2026-10-19)Live source ↗
“Joint venture with WindHQ LLC, of which Cipher owns ~2.2 EH/s”
2025-02-24 · cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm) View cached copy (2026-10-19)Live source ↗
Checked November 6, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Cipher expects its self-mining hash rate to reach approximately 9.3 EH/s by the end of Q3 2024.
Source (primary)
cipher-mining 8-K exhibit (cifr-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-06)Live source ↗
Quote: “We expect to be at ~9.3 EH/s by the end of Q3 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: “We expect to be at ~9.3 EH/s by the end of Q3 2024”
confirms cipher-mining 8-K exhibit (exh992revduploadtoworkiv.htm)
Quote: “~11.3 EH/s Current Operating Hashrate Total Power Capacity Odessa Fleet Efficiency(3) ~17.6 J/TH 207 MW”
confirms cipher-mining 8-K exhibit (cifr-ex99_2.htm)
Quote: “~8.7 EH/s Current(1) ~35.0 EH/s 2025(2) Self-Mining Hashrate”