secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001193125-22-283700
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000119312522283700/0001193125-22-283700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000119312522283700/d419088d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-283700

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer