Cipher mining commences bitcoin mining at black pearl data center

Successfully energizes 300 mw black pearl site commences hashing at 150 mw black pearl phase i total cipher hashrate currently at ~16 eh/s and expected to increase to ~23.1 eh/s during the third quarter new york, june 23, 2025 (globe newswire) -- cipher mining inc. (nasdaq: cifr) (“cipher” or the “company”), a leader in the development of industrial-scale data centers, today announced the successful energization and commencement of hashing at its black pearl site. hashrate currently generated at the site is ~2.5 eh/s and will continue to grow through the third quarter of 2025 as new mining rigs are delivered in scheduled batches, gradually replacing legacy units.
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