Cipher Mining vs Core Scientific
Both are primarily Data Center Operators (Colo) companies. Cipher Mining is larger by market cap ($5.6B vs $4.9B). Core Scientific reports higher tracked revenue ($319M vs $224M).
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Side-by-side
| Cipher Mining | Core Scientific | |
|---|---|---|
| Market cap | $5.6B | $4.9B |
| Revenue | $224M (FY2025) | $319M (FY2025) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | niche | major |
| Country | United States | United States |
| Tracked suppliers | 4 | 4 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 6/100 | 8/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How Cipher Mining and Core Scientific compare
- Size: Cipher Mining is the larger company by market cap.
- Revenue: Core Scientific reports higher tracked revenue.
- Supply-chain criticality: Core Scientific has the higher chokepoint score (8/100 vs 6/100).
- Footprint: Cipher Mining (United States) vs Core Scientific (United States).
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Cite as: wafergraph, “Cipher Mining vs Core Scientific”, https://wafergraph.com/compare/cipher_mining-vs-core_scientific (data as of 2026-10-09).
Frequently asked questions3
- Is Cipher Mining bigger than Core Scientific?
- Cipher Mining is larger by market cap ($5.6B vs $4.9B).
- What's the difference between Cipher Mining and Core Scientific?
- Cipher Mining is a niche in Data Center Operators (Colo) based in United States; Core Scientific is a major in Data Center Operators (Colo) based in United States. Both operate in the AI & Data Center segment.
- Who are Cipher Mining's and Core Scientific's suppliers?
- wafergraph tracks 4 suppliers for Cipher Mining and 4 for Core Scientific.