Cipher Mining Investor Presentation Deck

Implementation - Site Readiness 3 Phases Power & Infrastructure Readiness by Quarter 450 400 350 300 250 200 150 100 50 Total MW / Cipher MW Available Q1 2022 Alborz 60/29 Source: Cipher Mining management (1) Standard Power data center now targeted for 2023 deployment Bear (1) 1 Power readiness Total MW Capacity Currently Under Development 2 Infrastructure readiness 3 Mining rig readiness 60 / 29 Q2 2022 Bear (2) Chief (1) Chief (2) Odessa Q3 2022 325 / 264 Q4 2022 PBJ Standard Power(1) 405 / 305

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