Cipher Mining Investor Presentation Deck

Key Statistics $42.81 33.8 Anticipated Weighted Average Cost for Mining Rigs ($/TH/s) (1) ~$450k Anticipated Weighted Average Mining Rig Efficiency (J/TH/s) (1) ~2.73c Anticipated Weighted Average Power Price (c/kWh) (²) Anticipated Infrastructure Capex Costs per MW ($)(3) Source: Cipher Mining management (1) Includes Bitmain and MicroBT contracts, net of contribution to joint venture partner (2) Represents the expected weighted average power price across sites currently under contract. This calculation excludes potential deals under non-binding term sheets (3) Preliminary estimate of non-miner infrastructure capex based on the current market environment (subject to change) 15

View entire presentation