Cipher Mining

Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business. The company was founded in January 2021 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cipher Mining reports robust Q4 performance and strategic expansion plans

Cipher Mining's Q4 2022 earnings call highlighted strong operational performance, cost discipline, and strategic expansion plans. The company's focus on managing market cyclicality, evaluating M&A opportunities, and maintaining low electricity costs underscores a proactive approach to growth and profitability.

Cipher Mining reports Q1 revenue growth, eyes expansion amid challenges

Cipher Mining's Q1 2023 earnings call highlighted revenue of $21.9 million, with plans to increase mining capacity and rigs. The company is evaluating debt market options for expansion but faces challenges with terms offered. Despite stock performance concerns, Cipher remains focused on driving shareholder value and exploring growth opportunities.

Cipher Mining reports record production and revenue growth in Q2

Cipher Mining's Q2 2023 performance reflects operational success and revenue generation, underpinned by a strong financial position and growth strategy.
While challenges like net losses and expansion timelines exist, opportunities in organic growth, joint ventures, and power coordination in Texas position the company for future success.
Overall, Cipher Mining's focus on efficiency, expansion, and strategic partnerships sets the stage for continued growth and competitiveness in the cryptocurrency mining industry.

Cipher Mining reports Q3 revenue growth, plans hash rate expansion

Cipher Mining's Q3 performance reflects revenue generation from mining operations and bitcoin inventory, with a focus on expanding hash rate capacity.
The company's strengths lie in strong relationships with rig manufacturers, efficiency-driven rig purchases, and a commitment to ESG principles.
Challenges include cost considerations for Black Pearl, lead time variability, rig efficiency transitions, and power cost hedging.
Opportunities exist in funding strategies, operational diversification, cost optimization, and project timeline acceleration for Black Pearl.

Cipher Mining (CIFR) excels in Q4 2023, eyes strategic growth

Cipher Mining's Q4 2023 performance reflects strong financials and operational growth, underpinned by strategic initiatives and disciplined investment.
While challenges like the Bitcoin halving and operational complexities exist, the company's focus on optimization and resilience positions it well for future opportunities.
By balancing strengths in financial management, strategic growth, and operational efficiency, Cipher Mining navigates challenges and capitalizes on growth prospects.

Cipher Mining (CIFR) reports robust Q1 earnings amidst industry challenges

Cipher Mining (CIFR) delivered a strong financial performance in Q1 2024, with robust revenues, earnings, and a solid liquidity position. The company is strategically managing expenses, capital allocation, and operational efficiency to drive long-term growth and profitability.
Despite facing challenges such as post-halving dynamics, hash rate decreases, and potential CapEx strains, Cipher Mining remains focused on optimizing operations and exploring growth opportunities. The company's proactive approach to M&A, site expansions, and cost optimization positions it well for future success.
With a prudent financial strategy, a focus on operational enhancements, and a commitment to strategic decision-making, Cipher Mining is poised to navigate industry challenges and capitalize on opportunities for growth and profitability. The company's strong liquidity position and diversified operational focus provide a solid foundation for sustainable expansion.

Cipher Mining reports growth and resilience amidst industry challenges

Cipher Mining's Q2 update showcased growth plans, operational resilience, and strategic positioning in the cryptocurrency mining landscape.
Despite industry challenges, the company's financial strength, expansion initiatives, and focus on efficiency bode well for future success.
With a solid balance sheet, commitment to growth, and entry into new markets, Cipher is poised for continued expansion and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business. The company was founded in 2021 and is headquartered in New York, NY.

Completed the Build-out of the Odessa Data Center and Achieved All-Time High Self-Mining Hash Rate Capacity of up to 7.2 Exahash per Second (“EH/s”)

Cipher Mining Provides Third Quarter 2023 Business Update

Betterware de Mexico

Cellebrite DI Ltd

Heritage Insurance Hlds

Kinross Gold

Heritage shares have cut through that price resistance like a hot knife through butter.

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks? Cipher Mining Works On A New Base

Adobe

CrowdStrike

Chevron

Newmont Mining

NVIDIA

Pfizer

Investors who want to beat the market must consider growth stocks. You have to be aggressive to capture higher returns.

7 Growth Stocks Gearing Up to Breakout in Late 2023

CleanSpark

First Trust SkyBridge Crypto Industry and Digital Economy ETF

Hut 8 Mining Corp

Microsoft

MicroStrategy Incorporated

First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT), which provides exposure to the crypto industry and digital economy companies, has gained about 9.2%, becoming the best-performing ETF of October.

5 Top-Performing Stocks of the Top ETF of October

Bit Digital, Inc

Iris Energy Ltd

Terawulf

The excitement in the cryptocurrency realm is palpable, largely fueled by the potential U.S. debut of BlackRock's spot Bitcoin ETF. This excitement mirrors Bitcoin's recent price uptick.

Best Penny Stocks To Buy? 6 Bitcoin Stocks To Watch Now

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc.  (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and release its third quarter 2023 financial results before U.S. markets open on Wednesday, November 8, 2023. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time.

Cipher Mining Announces Date of Third Quarter 2023 Business Update Conference Call

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for September 2023.

Cipher Mining Announces September 2023 Operational Update

Applied Blockchain Inc

Valkyrie Bitcoin Miners ETF

Valkyrie Bitcoin Miners ETF (WGMI), which provides exposure to the bitcoin mining industry, has gained about 117% so far this year, becoming the top-performing ETF of the first nine months of 2023.

Bitcoin Miner ETF Tops in First Nine Months: 5 Best Stocks

NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for August 2023.

Cipher Mining Announces August 2023 Operational Update

Cipher Mining Inc. (NASDAQ:CIFR ) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Joshua Kane - Head, Investor Relations Tyler Page - Chief Executive Officer Ed Farrell - Chief Financial Officer Conference Call Participants Chase White - Compass Point Research John Todaro - Needham & Company Josh Siegler - Cantor Fitzgerald Mike Colonnese - HCW Operator Good day and thank you for standing by. Welcome to the Cipher Mining's Second Quarter 2023 Business Update.

Cipher Mining Inc. (CIFR) Q2 2023 Earnings Call Transcript

Cipher Mining Inc. (CIFR) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.08 per share a year ago.

Cipher Mining Inc. (CIFR) Reports Q2 Loss, Lags Revenue Estimates

Achieved All-Time High Self-Mining Hash Rate Capacity of 6.8 Exahash per Second (“EH/s”) and on Track to Achieve 7.2 EH/s in Q3 2023

Cipher Mining Provides Second Quarter 2023 Business Update

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for July 2023.

Cipher Mining Announces July 2023 Operational Update

Argo Blockchain PLC

Marathon Digital Holdings

Riot Blockchain

Bitcoin mining stocks have had a stellar performance this year, helped by the strong performance of BTC and other cryptocurrencies. Firms like Cipher Mining, Riot Platforms, and Marathon Digital are the best-performing companies in the Russell 200 index.

Avoid Argo Blockchain shares, buy these Bitcoin mining stocks instead

Shares of Cipher Mining (CIFR), the pioneering cryptocurrency miner, surged 10.7% in Friday's trading session, encapsulating a staggering 483% rally in 2023 thus far.

Cipher Soars as Crypto 2023 Rally Storms on, but Which Miner Stands to Outperfrom in H2?

Canaan Inc.

Many booked double-digit gains on the day. Several factors are contributing to general crypto bullishness.

Why Crypto Mining Stocks Like Canaan and TerraWulf Were on Fire Today

NEW YORK, July 05, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for June 2023.

Cipher Mining Announces June 2023 Operational Update

Russell 2000 index has erased some of the gains made earlier this month as investors assess the impact of the Federal Reserve decisions. The index retreated to a low of $1,838, a few points below the month-to-date high of $1,906.

Russell 2000: Bitcoin mining and AI stocks are top gainers in 2023

Coinbase

The SEC has ramped up its stricter regulatory stance toward the crypto industry. The SEC claims Coinbase is operating an unregistered exchange, brokerage, and clearing agency.

Why Coinbase, Riot Platforms, and Cipher Mining Are Falling This Week

Cipher Produces 493 Bitcoin with a Hash Rate Capacity of 6.0 EH/s in May 2023 Cipher Produces 493 Bitcoin with a Hash Rate Capacity of 6.0 EH/s in May 2023

Cipher Mining Announces May 2023 Operational Update

Cipher Mining Inc. (NASDAQ:CIFR ) Q1 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Josh Kane - Head of IR Tyler Page - CEO Ed Farrell - CFO Conference Call Participants John Todaro - Needham Joseph Vafi - Canaccord Will Carlson - Cantor Fitzgerald Operator Good morning, and welcome to the Cipher Mining First Quarter 2023 Conference Call. All lines have been placed on use to prevent any background noise.

Cipher Mining Inc. (CIFR) Q1 2023 Earnings Call Transcript

Cipher has a fast-growing, low-cost mining operation that it believes is the best-in-class. More than 80% of its capacity is in one site that has particularly low electricity prices, which might make it the most profitable Bitcoin mining operation in the US.

Cipher: Don't Look Up

The Consumer Price Index increased 0.4% in April, in line with expectations. Cryptocurrencies and related stocks have rallied this year on the belief that the Federal Reserve will cut interest rates.

Why Shares of Riot Platforms, Cipher Mining, and Marathon Digital Holdings Are Rising Today

Cipher Mining Inc. (CIFR) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.07 per share a year ago.

Cipher Mining Inc. (CIFR) Reports Q1 Loss, Tops Revenue Estimates

The 11,000 New A1346 Model Mining Machines are Scheduled to be Delivered and Energized in the Third Quarter of 2023

News for Cipher Mining Stock (CIFR)