jain.com

Black Pearl energization in 2025

Company: Cipher Mining

Subject kind
facility timeline
Statement date
2024-05-06
Promised by
2025-12-31
Promised amount
300.0 MW
Current status
outcome unconfirmed

What the later record shows

Partly delivered · happened September 30, 2025

Energization in 2025 reached 150 MW of the promised 300 MW at Black Pearl. The site then shifted to HPC, with first capacity delivered in August 2026 and the remainder still in progress.

“Odessa Bear Chief 40 MW 40 MW 207 MW 150 MW Black Pearl 40 MW”
2025-11-02 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-09-27)Live source ↗
“We commenced mining bitcoin at the Black Pearl data center in June 2025 and ramped up to 150 MW of capacity by September 2025.”
2026-02-23 · Cipher Mining 10-K filed 2026-02-24 View cached copy (2026-08-31)Live source ↗
“First data center capacity at Black Pearl delivered in August, with rent commenced”
2026-08-03 · cipher-mining 8-K exhibit (q226_earningsxprxdraftxvf.htm) View cached copy (2026-09-02)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 says the 300 MW Black Pearl data center is on track for energization in 2025.

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: “300 MW data center at Black Pearl on track for energization in 2025”

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: “300 MW data center at Black Pearl on track for energization in 2025”

View cached copy (2026-11-06)Live source ↗

Record of changes

November 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 6, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.