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Cipher Mining Announces May 2025 Operational Update; 179 BTC Mined; 966 BTC Held

Benzinga·06/04/2025 20:14:53
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Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for May 2025.

Key Highlights

Key Metrics May 2025
BTC Mined1 179
BTC Sold 64
BTC Held2 966
Deployed Mining Rigs 75,000
Month End Operating Hashrate (EH/s) 13.5
Month End Fleet Efficiency (J/TH) 18.9

1 Includes May power sales estimates (based on current meter data and nodal prices) equivalent to ~4 bitcoin (using month-end bitcoin price of $104,430) and ~23 BTC mined at JV data centers representing Cipher's ownership

2 Includes ~334 BTC pledged as collateral