---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-283700"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:03:06.719840+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-283700
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819989/000119312522283700/0001193125-22-283700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000119312522283700/d419088d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-283700
- JSON: https://secwatch.observer/filing/0001193125-22-283700.json
- Plain text: https://secwatch.observer/filing/0001193125-22-283700.txt

## Key facts
- Earnings Releases
  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
  source text: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819989/000119312522283700/0001193125-22-283700-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.