Cipher Mining SPAC Presentation Deck slide image

Cipher Mining SPAC Presentation Deck

A Collaborative Approach to Turn Under- Monetized Electrons into Digital Assets THE PROBLEM Vast amounts of energy are under-monetized due to various factors, including: A Transmission and distribution infrastructure limitations off Mismatch between the local power supply and demand VALUE PROPOSITION For a Power Producer ● Price distortions driven by public incentives and market mechanisms ● Reduce forced curtailment Mitigate grid congestion issues Enhance revenue predictability while capturing exposure to high market prices For a Grid Operator Larger basis to amortize fixed costs Participation in grid balancing mechanisms ● ● Predictable curtailment behavior BITCOIN MINING LOAD: A UNIQUE ENERGY ASSET Local monetization of electricity produced Fast response and automated flexible capacity High revenue predictability days in advance Quick to deploy with limited operational risks 6
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