jain.com
The Analysis · Companies · People · Methodology

Bear Facility capacity

Company: Cipher Mining - Project: Bear Facility

Subject kind
facility capacity
Statement date
2025-02-24
Promised amount
40.0 MW
Current status
stated

The claim, verbatim

40 MW Bear Facility near Andrews, Texas expanded in 2024 with capacity approximately 1.6 EH/s

Source (primary)

Cipher Mining 10-K filed 2025-02-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Bear Facility was expanded in 2024 from 10 MW to 40 MW. It is capable of hashing at a rate of up to approximately 1.6 EH/s.”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

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: “The Bear Facility was expanded in 2024 from 10 MW to 40 MW. It is capable of hashing at a rate of up to approximately 1.6 EH/s.”

View cached copy (2026-08-31)Live source ↗