Cipher Digital: Odessa

Latest Podcast 2200 E I-20

Operational

Fully operational facility

Permian Basin

Region
West Texas

Region
Texas

State
South Central US

Region
United States

Country
North America

Region
Americas

Region

Cipher Digital: Odessa

Year Built: 2023

Utility Provider: Luminant

Operational Power

Cipher mining's Odessa data center (the Odessa Facility), which is its wholly owned 207 megawatts (MW) facility is located in Odessa, Texas. The Odessa Facility is capable of producing approximately 7.2 Exahash per Second (“EH/s”).

Map and Nearby Locations

2200 E I-20

Cipher Digital Sites

Nearby Facilities

Cipher Digital: Odessa Power Growth Over Time

+0% since 2022

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Construction

Planned

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Land Bank

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Currently Operational

across sites

Under Construction

sites currently building

Planned / Prospective

sites announced, but haven't started construction

Sites within 15 miles of Cipher Digital: Odessa

Distance	Site	About
1.16 miles	Texas Critical: Odessa 1	Texas Critical Data Centers (TCDC) is New Era Energy & Digital's flagship behind-the-meter AI/HPC data center campus on 438 acres in Ector County, near Odessa in the Permian Basin. Originally a 50/50 joint venture with Sharon AI, the project is now wholly owned by New Era Energy & Digital (Nasdaq: NUAI). It is being developed as a multi-phase, natural gas-powered hyperscale campus with partners Stream Data Centers and Primary Digital Infrastructure.
1.19 miles	Texas Critical: Odessa 2	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.21 miles	Texas Critical: Odessa 3	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.24 miles	Texas Critical: Odessa 4	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.26 miles	Texas Critical: Odessa 5	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.29 miles	Texas Critical: Odessa 6	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.31 miles	Texas Critical: Odessa 7	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.34 miles	Texas Critical: Odessa 8	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
1.37 miles	Texas Critical: Odessa 9	This facility is part of Texas Critical Data Centers' (TCDC) Odessa Campus in West Texas.
2.60 miles	Onmine: Adrian Project	The Adrian Project is a hydro-cooled high-density data center developed by ONMINE in Texas.
2.93 miles	AT&T: Odessa (W 7th St)
3.63 miles	STN: Project Landman	STN's Project Landman is a modular AI data center campus under construction in an industrial park south of Odessa in Ector County, Texas.
3.77 miles	AT&T: Odessa (Dawn Ave)
6.48 miles	Skybox HODL Ranch	Skybox HODL Ranch was a 174-acre bitcoin mining campus in West Texas near Midland. Its first phase went live in March 2019 with a private substation.
8.89 miles	BBT Midland 1
14.83 miles	Verizon: Midland (Warehouse Rd)
15.05 miles	AT&T: Midland (N Midland Dr)
16.83 miles	AT&T: Midland (W Francis Ave)
17.88 miles	AT&T: Midland (Missouri Ave)	AT&T's Midland Mutual central office on West Missouri Avenue in downtown Midland, Texas, is the main telephone exchange for the Midland area and houses AT&T's tandem switches for West Texas.

Operating Company

Overview

Cipher Digital (NASDAQ: CIFR), formerly Cipher Mining, is a New York-based developer and operator of large-scale data center campuses in Texas. CEO Tyler Page leads the company. Cipher's footprint spans operational mining facilities (Odessa, Alborz, Bear, Chief) and a deep pipeline of HPC/AI campuses in West Texas including Black Pearl, Barber Lake, Stingray, Reveille, Mikeska, McLennan, Milsing, Ulysses, and the Colchis development.

Strategic pivot to HPC/AI (2026)

On the Q1 2026 earnings call (May 5, 2026), Cipher formally rebranded from Cipher Mining to Cipher Digital, reflecting a strategic shift to hyperscale HPC/AI hosting as the company's forward business. Bitcoin mining at Black Pearl is being wound down to redirect power and land to AI tenants.

Contracted backlog now totals approximately $9.3 billion, anchored by three hyperscale leases:

AWS. 15-year lease for 300 MW of HPC capacity.
Fluidstack / Google-backed. 10-year lease for 300 MW, with the Barber Lake facility expected to commence operations in September 2026.
Third hyperscaler. An additional hyperscale campus lease signed during Q1 2026.

Q1 2026 financials

Bitcoin mining revenue: $34.8 million (down from approximately $60 million in Q4 2025) as mining at Black Pearl is wound down.
Net loss: $114 million.
Funding: Closed a $2 billion high-yield bond for the Black Pearl HPC buildout and a $200 million revolving credit facility.

Capex direction

New capital is flowing fully to HPC/AI buildout. Existing mining capacity is treated as legacy that gets converted to hyperscale colocation as power and infrastructure are redirected to AWS, Fluidstack, and the third hyperscale tenant.

Facilities

News See all

Cipher Digital Extends Barber Lake Lease to 20 Years, Revenue Tops $9 Billion

October 10, 2026 Cipher Digital

Cipher Digital has extended the contracted lease life of its Barber Lake data center in Colorado City, Texas from 10 years to 20, lifting total contracted revenue at the site from $3.8 billion to more than $9 billion. The increase, announced in late September as the first buildings near...

Cipher Seeks $810 Million in Senior Secured Notes for West Texas Data Center

June 09, 2026 Cipher Digital

Cryptominer-turned-HPC developer Cipher Digital is planning to raise $810 million through senior secured notes due in 2031. Most of the proceeds will fund the remaining costs of its 100MW Stingray data center project in West Texas, with about $63.6 million earmarked to reimburse prior equity...