Ulysses AEP capacity and PJM market access
Company: Cipher Mining
The claim, verbatim
Ulysses Site acquisition secured capacity from AEP Ohio and provides direct access to PJM Interconnection, largest wholesale electricity market in United States
Source (primary)
Cipher Mining 10-K filed 2026-02-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The acquisition secured capacity from AEP Ohio to support development of the site...once energized, will provide us with direct access to PJM Interconnection L.L.C., the largest wholesale electricity market in the United States.”
How we checked this
Checked on September 16, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the AEP Ohio capacity and the PJM description, but frames PJM access as something the site will provide once energized, not something already in place.
Confirmed in the source:
- The Ulysses acquisition secured capacity from AEP Ohio to support development of the site
- Once energized, the Ulysses Site will provide Cipher with direct access to PJM Interconnection L.L.C.
- PJM Interconnection L.L.C. is described as the largest wholesale electricity market in the United States
We could not confirm this from the cited source:
- That the Ulysses Site currently provides direct access to PJM, rather than being expected to do so only after energization
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “The acquisition secured capacity from AEP Ohio to support development of the site...once energized, will provide us with direct access to PJM Interconnection L.L.C., the largest wholesale electricity market in the United States.”
