{"id":33293,"date":"2025-06-23T21:01:50","date_gmt":"2025-06-23T21:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33293"},"modified":"2025-06-23T21:01:50","modified_gmt":"2025-06-23T21:01:50","slug":"cipher-mining-begins-bitcoin-production-at-300-mw-black-pearl-data-center","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33293","title":{"rendered":"Cipher Mining Begins Bitcoin Production at 300 MW Black Pearl Data Center"},"content":{"rendered":"<div>\n<p>Cipher Mining (CIFR) has begun bitcoin BTC production at its 300-megawatt (MW) Black Pearl facility in Texas, the company <a href=\"https:\/\/investors.ciphermining.com\/news-releases\/news-release-details\/cipher-mining-commences-bitcoin-mining-black-pearl-data-center\">announced<\/a> on Monday. The launch marks a key milestone for the firm, which now operates five active bitcoin mining data centers.<\/p>\n<p>Phase I of the site, currently running at 150 MW, has reached an initial hashrate of 2.5 exahashes per second (EH\/s). That number is expected to rise to 9.6 EH\/s by the end of the third quarter, as new mining rigs arrive and replace older units. Once fully operational, Cipher&#8217;s total fleet will push toward a self-mining capacity of 23.1 EH\/s.<\/p>\n<p>The company delivered the site in 16 months and credits its operational discipline for maintaining low production costs amid industry volatility.<\/p>\n<p>\u201cWe\u2019re proud to be mining bitcoin ahead of schedule,\u201d CEO Tyler Page said in a statement.<\/p>\n<p>Cipher\u2019s broader infrastructure strategy includes a 2.6 gigawatt (GW) pipeline that may serve both high-performance computing (HPC) clients and bitcoin mining.<\/p>\n<p>As competition tightens in post-halving markets, scaling cheaply and quickly has become critical for public miners like Cipher trying to retain their edge.<\/p>\n<p>CIFR declined 6.9% on Monday during regular trading. Shares are higher by 1.9% after hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cipher Mining (CIFR) has begun bitcoin BTC production at its 300-megawatt (MW) Black Pearl facility in Texas, the company announced on Monday. The launch marks a key milestone for the firm, which now operates five active bitcoin mining data centers. Phase I of the site, currently running at 150 MW, has reached an initial hashrate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33293","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33293"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33293\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}