Total hashrate target by end of 2025
Company: Cipher Mining
What the later record shows
Delivered on time · happened September 30, 2025
No passage states a total figure directly. The Q3 2025 site figures add up to about 25.8 EH/s (Odessa ~11.3 + Black Pearl ~10.1 + full JV ~4.4), which exceeds the 25.2 EH/s target.
“~17.6 J/TH Fleet Efficiency ~11.3 EH/s Total Operating Hashrate”
2025-11-02 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-09-27)Live source ↗
“150 MW Total Operating Power Capacity ~13.9 J/TH Fleet Efficiency ~10.1 EH/s Total Operating Hashrate”
2025-11-02 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-09-27)Live source ↗
“120 MW Total Operating Power Capacity(4) ~25.7 J/TH Fleet Efficiency ~4.4 EH/s Total Operating Hashrate(4)”
2025-11-02 · cipher-mining 8-K exhibit (ciphermining_businessupd.htm) View cached copy (2026-09-27)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Expect corresponding hashrate of at least 25.2 EH/s by end of 2025
Source (primary)
Cipher Mining 10-K filed 2025-02-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “a corresponding hashrate of at least approximately 25.2 EH/s”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K ties a hashrate of at least approximately 25.2 EH/s to its planned 477 MW of capacity by the end of 2025.
Confirmed in the source:
- Cipher expects a corresponding hashrate of at least approximately 25.2 EH/s by the end of 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000181998925000005/cifr-20241231.htm) in full (492,885 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-K filed 2025-02-25
Quote: “a corresponding hashrate of at least approximately 25.2 EH/s”
confirms cipher-mining 8-K exhibit (ciphermining_businessupd.htm)
Quote: “~17.6 J/TH Fleet Efficiency ~11.3 EH/s Total Operating Hashrate”