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

Suppliers

Customers

More AI & Data Center companies

Compare with

NTT · American Tower · Iron Mountain · IREN · Hut 8 · Applied Digital

Sources

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