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Luminant take-or-pay obligation

Company: Cipher Mining - Project: Odessa Facility

Subject kind
financing
Statement date
2025-02-24
Promised amount
66.7 percent
Current status
stated

The claim, verbatim

Luminant will supply and company must accept and pay for at least 66.7% of Odessa's 207 MW capacity each year

Source (primary)

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

Quote: “Luminant will supply, and we are obligated to accept and pay for, a total electrical power capacity equal to at least 66.7% of the full 207 MW capacity each year”

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: “Luminant will supply, and we are obligated to accept and pay for, a total electrical power capacity equal to at least 66.7% of the full 207 MW capacity each year”

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