jain.com

Bear and Chief JV 30 MW expansions

Company: Cipher Mining

Subject kind
facility capacity
Statement date
2024-05-06
Promised by
2024-06-30
Promised amount
30.0 MW
Current status
verified

What the later record shows

Delivered; the record does not say when

Bear and Chief are later shown at 40 MW each, with 120 MW across the JV sites, which is consistent with the expansions being completed. No passage says when they finished or confirms the ~1.25 EH/s added, so on-time delivery cannot be determined.

“Alborz, Bear & Chief – 14% of BTC Production(1) ~$39,988 All-in Electricity Cost per BTC Q1-2025(3) ~4.4 EH/s Current Operating Hashrate(2) Total Power Capacity JV Sites Fleet Efficiency(4) ~25.7 J/TH 120 MW”
2025-05-05 · cipher-mining 8-K exhibit (exh992ciphermining_busin.htm) View cached copy (2026-10-16)Live source ↗
“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 ↗

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 30 MW expansions at each of the Bear and Chief JV data centers, adding approximately 1.25 EH/s of self-mining capacity, are on track for completion in Q2 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: “30 MW expansion at each of Bear and Chief JV data centers, delivering an additional ~1.25 EH/s of self-mining capacity, on track for completion in second quarter 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: “30 MW expansion at each of Bear and Chief JV data centers, delivering an additional ~1.25 EH/s of self-mining capacity, on track for completion in second quarter 2024”

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

confirms cipher-mining 8-K exhibit (ciphermining_businessupd.htm)

Quote: “Odessa Bear Chief 40 MW 40 MW 207 MW 150 MW Black Pearl 40 MW”

View cached copy (2026-09-27)Live source ↗

confirms cipher-mining 8-K exhibit (exh992ciphermining_busin.htm)

Quote: “Alborz, Bear & Chief – 14% of BTC Production(1) ~$39,988 All-in Electricity Cost per BTC Q1-2025(3) ~4.4 EH/s Current Operating Hashrate(2) Total Power Capacity JV Sites Fleet Efficiency(4) ~25.7 J/TH 120 MW”

View cached copy (2026-10-16)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 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.