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Cipher Black Pearl

Last updated

Winkler County: AI conversion candidate
Partially operational

Cipher's 300 MW Black Pearl runs bitcoin today, but with Barber Lake fully leased to Fluidstack and AWS, this is the obvious next domino in Cipher's 3.2 GW AI pipeline.

300 MWPlanned power300 MW operating; part of Cipher's ~3.2 GW Texas pipeline being prioritized for HPC/AI
Developer
Cipher Digital
Owner
Cipher Digital
Tenant
AWS HPC lease reported (Jun 2026) alongside continued self-mining
Power source
ERCOT (Permian-area grid)
Cooling
Mining-spec today
Compute
Bitcoin ASICs today; HPC conversion candidate
Construction start
2024 (built); AI conversion TBD
Est. completion
Operating; conversion timeline TBD
Grid strategy
ERCOT grid
County
Winkler
Nearest city
Kermit area (Permian Basin)
Announced
2023-11-08