jain.com
The Analysis · Companies · People · Methodology

Black Pearl HPC/mining capacity

Company: Cipher Mining - Project: Black Pearl Facility

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

The claim, verbatim

Remaining 150 MW of Black Pearl site is suitable for HPC hosting or bitcoin mining

Source (primary)

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

Quote: “The remaining 150 MW of the site is suitable for either HPC hosting or bitcoin mining”

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 remaining 150 MW of the site is suitable for either HPC hosting or bitcoin mining”

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