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![CipherInc Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1367845728505237504.png) Cipher Mining [@CipherInc](/creator/twitter/CipherInc) on x 8639 followers
Created: 2025-07-02 11:28:14 UTC

$CIFR surpassed its Q2 hashrate forecast at Black Pearl Phase I, now delivering ~3.4 EH/s and exceeding prior guidance of XXX EH/s. Cipher remains on track to scale total hashrate to XXXX EH/s upon completion of rig upgrades in Q3.

*BTC Mined: ~160
*BTC Sold: ~58
*BTC Held: ~1,063
*Deployed Mining Rigs: ~104,000
*Month End Operating Hashrate (EH/s): ~16.8
*Month End Fleet Efficiency (J/TH): ~20.8

Check out the video below to see the incredible transformation of Black Pearl, from land to an energized data center in just XX months.

Press Release:

#BTC #BitcoinMining

![](https://pbs.twimg.com/amplify_video_thumb/1940365723676631040/img/oqqVejrZOqqxvOiJ.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1940371937546412461/c:line.svg)

**Related Topics**
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[Post Link](https://x.com/CipherInc/status/1940371937546412461)