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Black Pearl Facility

Project of Cipher Mining

Kind
datacenter
Location
11786 County Road 209, Wink, TX 79789
County
Winkler County
State/region
TX
Country
US
Status
partially operational as of August 22, 2026

Where it stands

Cipher is retrofitting the 300 MW Black Pearl Facility in Wink, Texas, a former bitcoin mine, for a 15-year hyperscaler HPC lease of about 300 gross MW. A July 24, 2026 lease amendment accelerated delivery of first capacity to July 31, 2026. An August 2026 news piece, based on social media commentary, says the facility came online early and is generating rent; the delivered MW is not stated, and full ramp was targeted for Q1 2027.

300 MW planned

PhaseMWStatusDateSource
Phase I (initial subphase)operational2026-07-31On July 24, 2026, we amended the HPC lease at the Black Pearl Facility, which accelerated delivery of the first capacity to July 31, 2026.
2026-08-03 View cached copy (2026-08-30)Live source ↗
Phase II (initial subphase)plannedCipher Black Pearl is targeting rent commencement for the initial subphase of Black Pearl Phase I by the fourth quarter of 2026 and the initial subphase for Black Pearl Phase II by the first quarter of 2027.
2026-02-23 View cached copy (2026-08-31)Live source ↗

Assessed October 18, 2026 from the newest filings, releases and reporting that name this project (newest relied on: August 22, 2026).

Capacity

What has actually been delivered, against what has been promised. Each figure links to the statement it came from.

StageCapacityAs ofSource
Energized power flowing today150 MW2025-08-06Black Pearl Phase I energization
Contracted a customer is on the hook300 MW2026-06-07Black Pearl AWS data center
Under construction300 MW2026-08-03Black Pearl Facility capacity
Permitted--
Interconnect approved utility has agreed to deliver300 MW2023-11-07Black Pearl ERCOT power approval
Interconnect requested in a queue, nothing approved--
Announced a press-release figure300 MW2026-02-23Black Pearl 300 MW HPC capacity

Who has claimed this site

Capacity commitments in the order they were announced. A commitment that ended shows why.

2026-02-02
Amazon Web Services - tenant · 300 MW · 15-year term source
2026-02-23
Amazon Web Services - guarantor source

Claims about this project

2023-11-07 - verified
Collateral posting to Oncor Electric Delivery Company 6300000.0 USD. Promised by 2023-12-31.
2023-11-07 - verified
Black Pearl energization commitment 135.0 MW. Promised by 2026-05-15.
2023-11-07 - verified
Oncor collateral deposit for Black Pearl 6.3 USD. Promised by 2026-05-15.
2023-11-07 - stated
2023-11-07 - verified
2023-11-07 - stated
2023-11-07 - verified
Black Pearl acquisition closing. Promised by 2023-12-31.
2025-02-24 - stated
2025-02-24 - verified
Black Pearl substation energization 300.0 MW. Promised by 2025-06-30.
2025-05-05 - verified
2025-05-05 - verified
2025-05-05 - verified
2025-05-05 - verified
Black Pearl Phase I energization in May 2025 150.0 MW. Promised by 2025-05-31.
2025-05-05 - stated
2025-05-19 - verified
Black Pearl mining capacity energization 150.0 MW. Promised by 2025-06-30.
2025-05-19 - verified
Mining rigs delivery July 2025. Promised by 2025-07-31.
2025-05-19 - verified
2025-05-19 - verified
2025-05-19 - verified
2025-05-21 - stated
2025-05-21 - verified
2025-05-21 - verified
Black Pearl Bitcoin Mining Energization 150.0 MW. Promised by 2025-06-30.
2025-05-21 - verified
Mining rigs arrival for Phase 1. Promised by 2025-07-31.
2025-05-21 - verified
Mining Rigs Delivery to Black Pearl. Promised by 2025-07-31.
2025-05-21 - verified
Black Pearl data center planned capacity 300.0 MW. Promised by 2025-06-30.
2025-05-22 - verified
Black Pearl Phase 1 energization. Promised by 2025-06-30.
2025-05-22 - verified
2025-08-06 - outcome unconfirmed
Black Pearl Phase I hashrate upgrade 10.0 None. Promised by 2025-09-30.
2025-08-06 - stated
2025-08-06 - stated
2025-08-06 - stated
2025-08-06 - outcome unconfirmed
2025-08-06 - stated
2026-02-02 - stated
Black Pearl final rent commencement. Promised by 2027-03-01.
2026-02-02 - stated
Senior secured notes offering 2000000000.0 USD. Promised by 2031-12-31.
2026-02-02 - stated
2026-02-02 - stated
2026-02-02 - stated
2026-02-02 - verified
Black Pearl initial rent commencement. Promised by 2026-10-01.
2026-02-04 - stated
2026-02-04 - verified
Black Pearl Compute senior secured notes offering 2000000000.0 USD. Promised by 2026-02-11.
2026-02-10 - stated
Senior Secured Notes offering completed 2000000000.0 USD. Promised by 2031-02-15.
2026-02-10 - stated
2026-02-10 - stated
2026-02-23 - stated
2026-02-23 - stated
Black Pearl $2.0B high-yield bond 2000.0 USD. Promised by 2031-02-15.
2026-02-23 - stated
2026-02-23 - stated
Black Pearl full rent ramp target. Promised by 2027-03-31.
2026-02-23 - stated
2026-02-23 - stated
2026-02-23 - stated
2026-02-23 - stated
2026-02-23 - stated
2026-02-23 - stated
2026-02-23 - stated
2026-02-23 - outcome unconfirmed
Black Pearl 300 MW HPC capacity 300.0 MW. Promised by 2026-10-01.
2026-06-07 - stated
2026-08-03 - stated
2026-10-06 - stated
2026-10-12 - stated

Site intelligence

Analytical estimate. Each site below is located from public records (filings, releases, news, OpenStreetMap) and checked against free satellite imagery; "How we located this site" lists every step and the score it earned. The conclusion is computed from night-time lights, surface heat and year-over-year change, with the dates it rests on. These are hypotheses under active tracking, not legal parcels or an official endorsement.
11786 Co Rd 209, Wink, TX 79789, USA
Candidate
Winkler County, TX
31.6945, -103.0829
Approximate address 11299 Co Rd 209, Monahans, TX 79789, USA Reverse-geocoded from the candidate centroid; not a permit-confirmed parcel address.
Conclusion so far Operating: the site is lit at night like a running facility. · confidence 90%
Running: night-time lights at the site ran 16.81x the surrounding area (29 of 29 clear nights, 2026-06-21 to 2026-10-04); surface temperature -2.1 K against its surroundings (21 pass(es), 2026-06-21 to 2026-10-17); radar backscatter moved +5.3 dB in a year. Based on 97 clear observation(s) from 2026-06-21 to 2026-10-19.
What would change this: Lights going dark over several clear nights.
Latest clear imagery: Google 2026-10-18 · ECOSTRESS thermal 2026-10-17 · radar 2026-10-15 · Landsat 2026-10-11 · night lights 2026-10-04 · Sentinel-2 2026-10-01 · NAIP 2022-05-18
Newest clear images187 clear image date(s)
Visual view of cipher-mining-black-pearl-facility, 2026-10-18 (Google Earth (wide view))
2026-10-18Google Earth (wide view) · 4.07 m/pixel
Visual view of cipher-mining-black-pearl-facility, 2026-10-18 (Google Earth (close view))
2026-10-18Google Earth (close view) · 0.51 m/pixel
Thermal view of cipher-mining-black-pearl-facility, 2026-10-17 (ECOSTRESS thermal)
2026-10-17ECOSTRESS thermal · 70 m/pixel
Radar view of cipher-mining-black-pearl-facility, 2026-10-15 (Sentinel-1 (radar))
2026-10-15Sentinel-1 (radar) · 10 m/pixel
How we located this site
35/100 (candidate): street location 25 + 1 independent source family 10
  1. Starting point (the project's stated locality) 2026-10-19
    11786 County Road 209, Wink, TX 79789 → 31.69452, -103.08288 (street)
  2. Located from a published address 2026-10-19
    11786 County Road 209, Wink, TX 79789 → 31.69452, -103.08288 (street)
  3. OpenStreetMap features nearby 2026-10-19
    0 named match(es)
Recent changes
  • 2025-10-20 vs 2025-10-13: structural change (radar signal shift)
  • 2025-10-13 vs 2025-09-19: structural change (radar signal shift)
  • 2026-08-11 vs 2026-07-17: structural change (radar signal shift)
  • 2026-07-17 vs 2026-07-11: structural change (radar signal shift)

Satellite imagery on this page is drawn from the Google Earth satellite basemap, USDA NAIP aerial photography (~1 m/pixel), ESA Sentinel-2 multispectral (10 m, with per-date cloud masks), NASA / USGS Landsat 8/9 (30 m, plus surface temperature), ESA Sentinel-1 radar (all-weather, night), NASA ECOSTRESS thermal (~70 m), and NASA Black Marble night lights (500 m, daily). Each image is dated, labelled by source and pixel resolution, and downloadable at its native size; cloudy dates are kept and marked rather than hidden. New scenes are pulled daily as each provider publishes them.