Option to purchase additional Canaan miners up to 160 MW
Company: Cipher Mining
The claim, verbatim
Cipher Mining has an option to purchase additional A1566 or more efficient miners estimated to deploy up to 160 MW of electricity, exercisable on or before June 30, 2025
Source (primary)
Cipher Mining 8-K filed 2024-06-10 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “has the option (the "Canaan Option"), but not an obligation, under the Canaan Agreement to purchase an additional number of A1566 model (or more efficient model upon availability) miners estimated to deploy an aggregate amount of electricity of up to 160 MW”
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 filed 2024-06-10
Quote: “has the option (the "Canaan Option"), but not an obligation, under the Canaan Agreement to purchase an additional number of A1566 model (or more efficient model upon availability) miners estimated to deploy an aggregate amount of electricity of up to 160 MW”