Cipher Mining (CIFR) has begun bitcoin BTC production at its 300-megawatt (MW) Black Pearl facility in Texas, the company announced on Monday. The launch marks a key milestone for the firm, which now operates five active bitcoin mining data centers.

Phase I of the site, currently running at 150 MW, has reached an initial hashrate of 2.5 exahashes per second (EH/s). That number is expected to rise to 9.6 EH/s by the end of the third quarter, as new mining rigs arrive and replace older units. Once fully operational, Cipher's total fleet will push toward a self-mining capacity of 23.1 EH/s.

The company delivered the site in 16 months and credits its operational discipline for maintaining low production costs amid industry volatility.

“We’re proud to be mining bitcoin ahead of schedule,” CEO Tyler Page said in a statement.

Cipher’s broader infrastructure strategy includes a 2.6 gigawatt (GW) pipeline that may serve both high-performance computing (HPC) clients and bitcoin mining.

As competition tightens in post-halving markets, scaling cheaply and quickly has become critical for public miners like Cipher trying to retain their edge.

CIFR declined 6.9% on Monday during regular trading. Shares are higher by 1.9% after hours.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。