Cipher Mining Surpasses Hashrate Growth Forecasts at Black Pearl and Announces June 2025 Operational Update
In addition, the Company today released its unaudited production and operations update for June 2025. While the report includes initial contributions from Black Pearl, which started hashing at the end of the month, the production numbers also reflect the Company's strategic decision to curtail more deliberately as part of its proactive 4CP avoidance strategy. This approach allowed the Company to avoid costly 4CP penalties and maintain its position as having some of the lowest power costs in the industry. In ...