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Cipher’s $5.5B AWS Deal: CIFR Deal Analysis!
Manage episode 517581416 series 3570269
We break down Cipher Mining’s 15-year, 300 MW lease with AWS, why miners are being repriced as data center operators, and how Texas power and a deep site pipeline drive the shift from hash rate to hyperscale demand. We also touch on earnings, revenue ramps, and where AWS could land in the portfolio.
• AWS lease: 300 MW gross, $5.5bn value, August 2026 start
• Shift from Bitcoin mining to HPC colocation economics
• Market reaction and miner decoupling from Bitcoin price
• Black Pearl and Barber Lake site flexibility
• Pipeline depth: Stingray 100 MW and Colchis 1 GW
• Buildout realities, PUE targets and delivery standards
• Texas power costs and margin control
• Revenue phasing and refurbishment timelines
• Q3 highlights: 23.6 EH/s, 689 BTC, $72m revenue
• Balance sheet strength with $1.2bn converts
• Upcoming CEO earnings interviews and comparisons
Take a second, smash the like button, guys. If you're not already subscribed, McNallie Money, feel free to join. Let us know in the comments section below what you thought about earnings and this massive deal for Cipher.
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
Business Inquiries:
Email - [email protected]
Chapters
1. Setting The Stage: Big News Day (00:00:00)
2. Market Reaction And Miner Repricing (00:00:47)
3. Hyperscalers Enter: AWS, Google, Microsoft (00:02:18)
4. Inside The AWS Deal: 300 MW, $5.5B (00:03:15)
5. Sites, Timelines, And Buildout Realities (00:04:31)
6. Where Will AWS Land: Black Pearl? (00:06:00)
7. Future Pipeline: Stingray And Colchis (00:07:36)
8. Texas Power, Costs, And Margins (00:09:05)
9. Revenue Ramps And Staggered Rollouts (00:10:19)
10. Earnings Snapshot And Capital Position (00:11:46)
11. What’s Next: Comparisons And Interviews (00:13:10)
432 episodes
Manage episode 517581416 series 3570269
We break down Cipher Mining’s 15-year, 300 MW lease with AWS, why miners are being repriced as data center operators, and how Texas power and a deep site pipeline drive the shift from hash rate to hyperscale demand. We also touch on earnings, revenue ramps, and where AWS could land in the portfolio.
• AWS lease: 300 MW gross, $5.5bn value, August 2026 start
• Shift from Bitcoin mining to HPC colocation economics
• Market reaction and miner decoupling from Bitcoin price
• Black Pearl and Barber Lake site flexibility
• Pipeline depth: Stingray 100 MW and Colchis 1 GW
• Buildout realities, PUE targets and delivery standards
• Texas power costs and margin control
• Revenue phasing and refurbishment timelines
• Q3 highlights: 23.6 EH/s, 689 BTC, $72m revenue
• Balance sheet strength with $1.2bn converts
• Upcoming CEO earnings interviews and comparisons
Take a second, smash the like button, guys. If you're not already subscribed, McNallie Money, feel free to join. Let us know in the comments section below what you thought about earnings and this massive deal for Cipher.
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
Business Inquiries:
Email - [email protected]
Chapters
1. Setting The Stage: Big News Day (00:00:00)
2. Market Reaction And Miner Repricing (00:00:47)
3. Hyperscalers Enter: AWS, Google, Microsoft (00:02:18)
4. Inside The AWS Deal: 300 MW, $5.5B (00:03:15)
5. Sites, Timelines, And Buildout Realities (00:04:31)
6. Where Will AWS Land: Black Pearl? (00:06:00)
7. Future Pipeline: Stingray And Colchis (00:07:36)
8. Texas Power, Costs, And Margins (00:09:05)
9. Revenue Ramps And Staggered Rollouts (00:10:19)
10. Earnings Snapshot And Capital Position (00:11:46)
11. What’s Next: Comparisons And Interviews (00:13:10)
432 episodes
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