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Under ConstructionPlanned
Multi-phase construction project
Operated by:

Cipher Mining: Barber Lake

Year Planned: 2027
Ownership: Cipher Mining Inc. owns the building.
Lot Size: 587 acres

In 2024, Cipher Mining completed the purchase of the Barber Lake site in West Texas. The deal includes a $67.5 million cash payment and a $3/MWh fee for the first five years after site activation. As part of the transaction, Cipher has acquired the 250 acres of land surrounding the substation and completed agreements necessary to participate in the ERCOT market.

  • Update: In 2025, The company also acquired 337 additional acres of land adjacent to its Barber Lake site in West Texas.

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Operating Company

Operated by:

Cipher Mining Inc. is a technology company. The Company is focused on the development and operation of bitcoin mining data centers. The Company, through its subsidiaries, including Cipher Mining Technologies Inc., operates four bitcoin mining data centers in Texas. It is also developing an additional data center in Winkler County, Texas. Its Odessa data center (the Odessa Facility), which is its wholly owned 207 megawatts (MW) facility located in Odessa, Texas. The Odessa Facility is capable of producing approximately 6.4 exahash per second (EH/s). Its Alborz data center (the Alborz Facility) is located near Happy, Texas. Its Bear data center (the Bear Facility) is located near Andrews, Texas. Its Chief data center (the Chief Facility) is also located near Andrews, Texas. The Chief Facility is a 10 megawatts (MW) data center that is connected to the local electrical grid.

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