Cipher Mining
Cipher Mining is a niche in the AI & Data Center segment of the semiconductor & AI supply chain, headquartered in United States. Its key suppliers include Vertiv, Schneider Electric, Eaton. Its key customers include Amazon (Annapurna Labs), Microsoft, Alphabet (Google).
Data-center developer for HPC/AI and bitcoin mining.
- Ticker
- NASDAQ: CIFR
- Headquarters
- United States
- Revenue
- $224M (FY2025) · +48.0% YoY
- Net income
- $-822M
- Operating margin
- -188.3%
- Market position
- niche
- Value-chain segment
- Data Center Operators (Colo)
- Key products
- bitcoin mining data centers, HPC colocation
About Cipher Mining
Cipher Mining, headquartered in United States, operates in the Data Center Operators (Colo) segment of the semiconductor & AI supply chain and is positioned as a market niche there. Its key products include bitcoin mining data centers, HPC colocation. wafergraph maps 4 tracked suppliers and 5 tracked customers for Cipher Mining across the value chain. It has a supply-chain criticality score of 6/100, with 19 companies downstream of it.
Key products
- bitcoin mining data centers
- HPC colocation