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New facility under construction

West Texas

Region
Texas

State
South Central US

Region
United States

Country
North America

Region
Americas

Region

Cipher Mining: Stingray

Year Planned: 2026

Utility Provider: ONCOR

Ownership: Cipher Mining Inc. owns the building.

Lot Size: 250 acres

Cypher Mining expanded its operations in November 2024 with the acquisition of the Stingray site in West Texas. The 250-acre site, adjacent to transmission assets and with a completed facility extension agreement with ONCOR, was purchased for $4.1 million in cash plus a variable fee of $1.5/MWh for the first five years after the site becomes operational.

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Cipher Mining Inc. Sites

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Sites within 15 miles of North Valley
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9.02 miles	Crypto Mining Data Center Request Dataset	Marathon Digital Holdings (MARA) has partnered with NextGen Oilfield Networks (NGON) to launch a distributed data center network utilizing excess natural gas from oil wells in Texas and North Dakota.

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Operating Company

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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