Cipher was spun off from Bitcoin mining hardware giant Bitfury in March 2021 and went public via a merger with blank-check company
A cryptomining data centre is coming to West Texas. In a September Texas Department of Licensing and Regulation filing, Cipher Black Pearl LLC applied to develop the Black Pearl Data Centre.
Located at 11786 Co Rd 209 in Wink, Winkler County, the data centre will consist of a 19,579 sq ft (1,800 sqm) single-story pre-engineered metal building. Wink and Winkler are in West Texas, bordering New Mexico.
Construction is set to run from August to December 2024 and around $7 million is expected to be invested in the project. The site is set to be home to a cryptomining facility operated by Cipher Mining.
Acquired in late 2023, the company has previously said the Black Pearl site will total 300MW, with energisation expected in Q2 2025. An August company presentation said the site will comprise 250MW of air-cooled and 50MW of liquid-cooled mining operations.
Cipher was spun off from Bitcoin mining hardware giant Bitfury in March 2021 and went public via a merger with blank-check company Good Works Acquisition Corp.
The company has more than 75,000 deployed mining rigs and currently list two sites on its website; in Odessa and Alborz, Texas.
Cipher recently announced it had closed on the acquisition of another 250-acre, 300MW site in West Texas known as Barber Lake. The company said it aims to have a portfolio totaling more than 2.5 GW across 10 sites.
In August, the company said the acquisition of a “Reveille data centre site” in Cotulla, Texas, featuring up to 200 MW of capacity well-suited for HPC data centres, was expected to close soon.
Earlier this year, Cipher was exploring a potential sale after receiving interest from companies looking to boost computing capabilities.
