Cipher Mining Shares Jump 7% in After-Hours Trading Following Completion of Phase 1 of Major Mining Data Center
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: benzinga_crypto
Updated: Oct 09 2025Stock Performance: Cipher Mining, Inc. (CIFR) shares surged over 7% in after-hours trading, following an 11.75% increase during the regular session, marking a nearly 280% rise in 2025.
Data Center Completion: The company announced the completion of Phase I of its Black Pearl data center in Texas, achieving a self-mining hashrate of 10.1 exahashes per second and a total operating hashrate of 23.6 EH/s.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
