Cipher trims grid pipeline to 3.4 GW, leans on gas for 5.9 GW total
Photo: Crypto Briefing
The Bitcoin miner turned compute landlord posted a 62.8% revenue drop in Q3 while booking its first HPC leasing income Cipher Digital (NASDAQ: CIFR) now says its total power development pipeline sits at approximately 5.9 GW. The catch is where that power comes from. The grid-connected slice fell to 3.4 GW. The rest, up to 2.5 GW, would come from potential on-site natural gas generation. The pipeline update arrived alongside third-quarter 2026 results, released on November 2, 2026. Those numbers told a story of a company caught mid-transformation, with one foot in Bitcoin mining and the other in high-performance computing.
Source: Crypto Briefing
