Cipher Mining Q3 GAAP EPS $0.24, non-GAAP loss $0.06; 196 BTC mined; Odessa to start mining Nov.

Cipher Digital Inc.

2022-Q3 EPS reported $0.05

GAAP diluted net income of $0.24 per share; non-GAAP diluted net loss of $0.06 per share.
Mined 196 bitcoin in Q3 2022; weighted average power cost ~2.7 c/kWh.
Two data centers (Bear, Chief) completed in October, now hashing ~0.6 EH/s; Alborz at ~1.3 EH/s.
Odessa 207 MW site: first ~2.3 EH/s expected to begin mining November 2022; additional ~2.6 EH/s shipped by year-end.
On track to deploy ~7.0 EH/s by early 2023 with machine fleet avg 31.5 J/TH, purchased at ~$31.52/TH/s.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Cipher Digital Inc. reported the three and nine months ended September 30, 2022 results: EPS $0.24 per Share.

Period: the three and nine months ended September 30, 2022
EPS: $0.24 per Share
Result: reported results

Exact text from the filing

Cipher Mining Provides Third Quarter 2022 Business Update GAAP Diluted Net Income of $0.24 per Share (Non-GAAP Diluted Net Loss of $0.06 per Share)

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

Cipher Digital Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-283700

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