Cipher Mining vs HIVE Digital Technologies
Both are primarily Data Center Operators (Colo) companies. Cipher Mining is larger by market cap ($5.6B vs $700M). HIVE Digital Technologies reports higher tracked revenue ($298M vs $224M).
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Side-by-side
| Cipher Mining | HIVE Digital Technologies | |
|---|---|---|
| Market cap | $5.6B | $700M |
| Revenue | $224M (FY2025) | $298M (FY2026) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | niche | niche |
| Country | United States | Canada |
| Tracked suppliers | 4 | 7 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 6/100 | 6/100 |
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 HIVE Digital Technologies compare
- Size: Cipher Mining is the larger company by market cap.
- Revenue: HIVE Digital Technologies reports higher tracked revenue.
- Supply-chain criticality: Both companies have the same chokepoint score (6/100).
- Footprint: Cipher Mining (United States) vs HIVE Digital Technologies (Canada).
Company hubs
Cipher Mining · HIVE Digital Technologies · AI & Data Center segment
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Cite as: wafergraph, “Cipher Mining vs HIVE Digital Technologies”, https://wafergraph.com/compare/cipher_mining-vs-hive_digital (data as of 2026-10-09).
Frequently asked questions3
- Is Cipher Mining bigger than HIVE Digital Technologies?
- Cipher Mining is larger by market cap ($5.6B vs $700M).
- What's the difference between Cipher Mining and HIVE Digital Technologies?
- Cipher Mining is a niche in Data Center Operators (Colo) based in United States; HIVE Digital Technologies is a niche in Data Center Operators (Colo) based in Canada. Both operate in the AI & Data Center segment.
- Who are Cipher Mining's and HIVE Digital Technologies's suppliers?
- wafergraph tracks 4 suppliers for Cipher Mining and 7 for HIVE Digital Technologies; HIVE Digital Technologies's include Dell Technologies.