Odessa power cost
Company: Cipher Mining - Project: Odessa Facility
The claim, verbatim
Electricity cost at Odessa Facility approximately 2.8 c/kWh following October 2025 price increase
Source (primary)
Cipher Mining 10-K filed 2026-02-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “we have access, until at least July 2027, to electricity at a cost of approximately 2.7 c/kWh, subject to certain increases related to certain tariffs, price increased in October 2025 to 2.8 c/kWh.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states the price increased in October 2025 from approximately 2.7 c/kWh to 2.8 c/kWh.
Confirmed in the source:
- The electricity price under Cipher's Odessa power purchase agreement increased in October 2025 to 2.8 cents per kWh from approximately 2.7 cents per kWh
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000181998926000009/cifr-20251231.htm) in full (477,779 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-K filed 2026-02-24
Quote: “we have access, until at least July 2027, to electricity at a cost of approximately 2.7 c/kWh, subject to certain increases related to certain tariffs, price increased in October 2025 to 2.8 c/kWh.”