Cipher Mining Announces August 2025 Operational Update
Cipher Mining (NASDAQ:CIFR) has released its operational update for August 2025, highlighting strong mining performance. The company mined 241 Bitcoin during the month, sold 42 BTC, and maintained a balance of 1,414 BTC.
The company's Black Pearl Phase I facility contributed significantly, accounting for 39% of total Bitcoin mined. With 115,000 deployed mining rigs and a month-end operating hashrate of 23.0 EH/s, Cipher Mining expects Black Pearl Phase I to reach ~10 EH/s by Q3 end, boosting total self-mining hashrate to ~23.5 EH/s.
Cipher Mining (NASDAQ:CIFR) ha pubblicato l'aggiornamento operativo di agosto 2025, evidenziando solide performance di mining. Nel corso del mese la società ha estratto 241 Bitcoin, ne ha venduti 42 e ha mantenuto un saldo di 1.414 BTC.
La struttura Black Pearl Phase I ha contribuito in modo significativo, generando il 39% del totale dei Bitcoin estratti. Con 115.000 macchine da mining distribuite e un hashrate operativo di fine mese pari a 23,0 EH/s, Cipher Mining prevede che Black Pearl Phase I raggiungerà circa 10 EH/s entro la fine del terzo trimestre, portando l'hashrate totale di mining diretto a circa 23,5 EH/s.
Cipher Mining (NASDAQ:CIFR) ha publicado su actualización operativa de agosto de 2025, destacando un sólido rendimiento minero. Durante el mes la compañía minó 241 Bitcoin, vendió 42 BTC y mantuvo un saldo de 1.414 BTC.
La instalación Black Pearl Phase I contribuyó de forma significativa, representando el 39% del total de Bitcoin minados. Con 115.000 equipos mineros desplegados y una tasa de hash operativa a fin de mes de 23,0 EH/s, Cipher Mining espera que Black Pearl Phase I alcance ~10 EH/s para finales del tercer trimestre, elevando la tasa de hash total de minería propia a ~23,5 EH/s.
Cipher Mining (NASDAQ:CIFR)은 2025년 8월 운영 업데이트를 공개하며 강력한 채굴 성과를 강조했습니다. 회사는 해당 월에 241 비트코인을 채굴했고, 42 BTC를 매각했으며 잔액은 1,414 BTC를 유지했습니다.
Black Pearl Phase I 시설이 전체 채굴량의 39%를 차지하며 크게 기여했습니다. 115,000대의 채굴 장비 배치와 월말 가동 해시레이트 23.0 EH/s를 바탕으로 Cipher Mining은 Black Pearl Phase I가 3분기 말까지 약 10 EH/s에 도달해 자체 채굴 총 해시레이트를 약 23.5 EH/s로 끌어올릴 것으로 예상합니다.
Cipher Mining (NASDAQ:CIFR) a publié sa mise à jour opérationnelle pour août 2025, soulignant de solides performances de minage. Au cours du mois, la société a miné 241 Bitcoin, en a vendu 42 et a conservé un solde de 1 414 BTC.
L'installation Black Pearl Phase I a contribué de manière significative, représentant 39 % du total des Bitcoin minés. Avec 115 000 rigs de minage déployés et un hashrate opérationnel de fin de mois de 23,0 EH/s, Cipher Mining prévoit que Black Pearl Phase I atteindra environ 10 EH/s d'ici la fin du troisième trimestre, portant le hashrate total de minage propre à ~23,5 EH/s.
Cipher Mining (NASDAQ:CIFR) hat sein Betriebsupdate für August 2025 veröffentlicht und berichtet von einer starken Mining-Leistung. Das Unternehmen hat im Monat 241 Bitcoin geschürft, 42 BTC verkauft und einen Bestand von 1.414 BTC gehalten.
Die Anlage Black Pearl Phase I trug erheblich bei und machte 39 % der insgesamt geschürften Bitcoin aus. Mit 115.000 eingesetzten Mining-Rigs und einer operativen Hashrate zum Monatsende von 23,0 EH/s erwartet Cipher Mining, dass Black Pearl Phase I bis Ende Q3 etwa 10 EH/s erreichen wird, wodurch die gesamte Self-Mining-Hashrate auf rund 23,5 EH/s ansteigt.
- Black Pearl Phase I facility contributed 39% of total Bitcoin mined
- Strong Bitcoin holdings of 1,414 BTC at month end
- Operating hashrate reached 23.0 EH/s with 115,000 deployed mining rigs
- Rig deliveries remain on schedule for planned expansion
- Fleet efficiency maintained at 17.3 J/TH
- Sold 42 BTC as part of treasury management
- Power sales only contributed equivalent of ~5 bitcoin
NEW YORK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for August 2025.
Key Highlights
| Key Metrics | August 2025 |
| BTC Mined1 | 241 |
| BTC Sold | 42 |
| BTC Held | 1,414 |
| Deployed Mining Rigs | 115,000 |
| Month End Operating Hashrate (EH/s) | 23.0 |
| Month End Fleet Efficiency (J/TH) | 17.3 |
1 Includes August power sales estimates (based on current meter data and nodal prices) equivalent to ~5 bitcoin (using month-end bitcoin price of
Management Commentary for August
Black Pearl Phase I continued to scale production this month, accounting for approximately
Bitcoin Production and Operations Updates for August 2025
Cipher produced ~2411 BTC in August. As part of its regular treasury management process, Cipher sold ~42 BTC in August, ending the month with a balance of ~1,414 BTC.
Black Pearl Phase I, the first 150 MW of the 300 MW site, is steadily ramping production as new rigs continue to be delivered.
About Cipher
Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world's largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about the Company’s beliefs and expectations regarding its planned business model and strategy, its bitcoin mining and HPC data center development, timing and likelihood of success, capacity, functionality and timing of operation of data centers, expectations regarding the operations of data centers, such as projected hashrate, and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and its management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts it may make to modify aspects of its business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Cipher’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC”) on February 25, 2025, Cipher’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025 filed with the SEC on August 7, 2025, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Website Disclosure
The company maintains a dedicated investor website at https://investors.ciphermining.com/ (“Investors’ Website”). Financial and other important information regarding the Company is routinely posted on and accessible through the Investors Website. Cipher uses its Investors’ Website as a distribution channel of material information about the Company, including through press releases, investor presentations, reports and notices of upcoming events. Cipher intends to utilize its Investors’ Website as a channel of distribution to reach public investors and as a means of disclosing material non-public information for complying with disclosure obligations under Regulation FD. In addition, you may sign up to automatically receive email alerts and other information about the Company by visiting the “Email Alerts” option under the Investors Resources section of Cipher’s Investors’ Website and submitting your email address.
Contacts:
Investor Contact:
Courtney Knight
Head of Investor Relations at Cipher Mining
Courtney.knight@ciphermining.com
Media Contact:
Ryan Dicovitsky
Dukas Linden Public Relations
CipherMining@DLPR.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba940e86-013f-4f84-bc43-ca0c1ffa860b
FAQ
How many Bitcoin did Cipher Mining (CIFR) produce in August 2025?
What is Cipher Mining's (CIFR) current Bitcoin holdings as of August 2025?
What is the status of Cipher Mining's Black Pearl Phase I facility?
What is Cipher Mining's (CIFR) current mining capacity?
What is Cipher Mining's (CIFR) expected total hashrate after Black Pearl Phase I completion?
