Cipher Mining (US:CIFR) Globenewswireยท2025-03-04 21:05Core Insights - Cipher Mining Inc. reported strong production metrics for February 2025, with a total of approximately 180 BTC mined and 235 BTC sold, resulting in a month-end balance of around 1,032 BTC held [2][4]. Production and Operations Summary - The company deployed 75,000 mining rigs and achieved a month-end operating hashrate of 13.5 EH/s, with a fleet efficiency of 18.9 J/TH [2]. - Power sales estimates for February were equivalent to 4 BTC, based on a month-end bitcoin price of $86,154, along with 24 BTC mined at joint venture data centers [2][11]. - Approximately 394 BTC were pledged as collateral [11]. Management Commentary - Management highlighted the successful completion of a planned shutdown for high-voltage electrical maintenance at the Odessa site, which contributed to the strong production results [3].