Black Pearl Phase 1 acceleration
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Pulled forward Phase 1 of Black Pearl by two months
Source (primary)
Cipher Mining Shares Continue Decline Amid Institutional Buying - Intellectia AI (-, news_article)
View cached copy (2026-09-04)Live source ↗
Quote: “was able to pull forward Phase 1 of Black Pearl by two months”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The page reports this in a summary of JPMorgan's note following Cipher's Q2 report, so the source of the statement is the analyst rather than the company.
Confirmed in the source:
- Phase 1 of Black Pearl was pulled forward by two months
What we did: Read our cached copy of the publisher (https://intellectia.ai/news/stock/cipher-mining-shares-continue-decline-amid-institutional-buying) in full (20,016 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining Shares Continue Decline Amid Institutional Buying - Intellectia AI
Quote: “was able to pull forward Phase 1 of Black Pearl by two months”