@SenWarren Who is “we”? Sounds like it would be @elonmusk paying for it. Only a greedy politician would take someone’s money and then say “we” paid for it.
Happy Veterans Day to all who have served.
@CipherInc relies on vets every day—22% of our employees are ex-armed forces. I’m proud to call them teammates. Thank you for your service.
🫡
So, for the past year, “industry experts” told me that hyperscalers would never sign up for a data center far outside the Dallas metroplex…and yet, in our conversations, those tenants told me that they needed hundreds of MW at a single campus….I’m in an Uber to DFW and drove by this fellow….call me crazy, but it doesn’t look like it has access to hundreds of MW.
$CIFR!
@CipherInc is thrilled to be attending the @HCWCO 27th Annual Global Investment Conference this week.
$CIFR's CEO, @rftylerpage, will be hosting a Company Presentation today at 11:00am ET. The live webcast can be found here: https://t.co/tPSktvVeMP
In addition, Tyler Page will be participating in a Bitcoin Mining & High-Performance Computing Panel tomorrow at 2:30pm ET. The webcast can be found here: https://t.co/a6hR0W7Ox3
The replays will also be available in the Events section of Cipher’s website.
#BTC #HPC
In August, Black Pearl Phase I continued to scale production, accounting for ~39% of total BTC mined. With all rig deliveries on schedule, the Company maintains expectations that Black Pearl Phase I will reach ~10 EH/s by the end of the third quarter, bringing $CIFR's total self-mining hashrate to ~23.5 EH/s.
*BTC Mined: ~241 BTC
*BTC Sold: ~42 BTC
*BTC Held: ~1,414 BTC
*Deployed Mining Rigs: ~115,000
*Month End Operating Hashrate (EH/s): ~23.0
*Month End Fleet Efficiency (J/TH): ~17.3
Press Release: https://t.co/ljWqum9I2b
#BTC #HPC
In July, Black Pearl Phase I began contributing meaningfully to production, accounting for approximately 24% of our total bitcoin mined. We expect Black Pearl’s contribution to increase in the coming months as Phase I continues to scale.
* BTC Mined: ~214 BTC
* BTC Sold: ~52 BTC
* BTC Held: ~1,219
* Deployed Mining Rigs: 115,000
* Month End Operating Hashrate (EH/s): ~20.4
* Month End Fleet Efficiency (J/TH): ~19.2
$CIFR looks forward to sharing a business update during our earnings call on Thursday, August 7th at 8:00 a.m. ET.
Press Release: https://t.co/nOw8UvAmWE
$CIFR surpassed its Q2 hashrate forecast at Black Pearl Phase I, now delivering ~3.4 EH/s and exceeding prior guidance of 2.5 EH/s. Cipher remains on track to scale total hashrate to 23.1 EH/s upon completion of rig upgrades in Q3.
*BTC Mined: ~160
*BTC Sold: ~58
*BTC Held: ~1,063
*Deployed Mining Rigs: ~104,000
*Month End Operating Hashrate (EH/s): ~16.8
*Month End Fleet Efficiency (J/TH): ~20.8
Check out the video below to see the incredible transformation of Black Pearl, from land to an energized data center in just 16 months.
Press Release: https://t.co/FWp3K6hlyF
#BTC #BitcoinMining
Today, I hope you will take a moment to say thanks to our armed services veterans for all the wonderful opportunities that they have provided us. Please thank a veteran, fist bump a veteran, hug a veteran, pray for a veteran, buy a veteran a drink, and try to make new veteran friends. Our veterans and their families make tremendous sacrifices for all of us, and we often take their service for granted. We have the luxury of chasing our dreams because of their hard work.
At @CipherInc, we recognize that people who have the fortitude to serve in the military are disciplined, unflappable, and possess the work ethic we look for in our teammates. Our management team has actively recruited veterans since day 1, and with over 20% of our workforce having served, I am very happy with our success on this front. It is a key part of the @CipherInc brand and one of our biggest competitive advantages.
Our deepest thanks to all who have served,
@CipherInc $CIFR
This morning Cipher Mining released its Q2 2024 business update, marking another quarter that continued momentum toward ~13.5 EH/s by year-end 2024, and ~35.0 EH/s by year-end 2025. Some key developments from the past quarter included:
*Odessa site upgrade bringing total self-mining hashrate to ~13.5 EH/s on track for Q4 2024
*Construction of 300 MW data center at Black Pearl underway with expected energization in Q2 2025
*Acquisition of Reveille facility with up to 200 MW of capacity well-suited for HPC data centers expected to close soon
*Executed term sheet for option to acquire 1.5 GW of new sites in North America suitable for both HPC or bitcoin mining data centers
With these latest updates, Cipher is uniquely positioned to maximize opportunities in both bitcoin mining and HPC infrastructure, providing balance between the two business lines to drive significant shareholder value for many years.
The full release can be found here: https://t.co/1zC871jwex
$CIFR #BTC #bitcoinmining
The @CipherInc Team is excited for the 4th #Bitcoin halving today. To hear our CEO, @rftylerpage, and guests discuss the halving, make sure to tune in to the @PubKey_NYC spaces at 2pm. Happy halving day!
Wow…even the @FinancialTimes joining the party. Bull market officially confirmed.
Bitcoin bulls are not the bigger fools https://t.co/Fb9EhtZ2Bb via @ft