{
  "docId": "019de072-519e-7509-a706-11fd91a9249b",
  "docSlug": "1bf51e11fda6fb6777ea2908a555abbe",
  "documentTitle": "Cipher Mining | Investor Presentation Deck | 22 slides",
  "authorId": "cipher-mining",
  "authorName": "Cipher Mining",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-03-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 6,
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  "slideType": "solution",
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  "density": "dense",
  "nDataPoints": 5,
  "notes": "The diagram uses a hub-and-spoke model to show the relationship between Cipher Mining and its various power sites.",
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      "kind": "diagram",
      "text": "Hub-and-spoke diagram showing Cipher Mining connected to various mining sites (Chief, PBJ, Odessa, Luminant 2, Alborz, Bear, Significant Pipeline).",
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      "kind": "disclaimer",
      "text": "Source: Cipher Mining management. Non-binding term sheet in place...",
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        "y": 0.28
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      "kind": "legend",
      "text": "Denotes JV site, JV with WindHQ, Luminant (Vistra)",
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      "kind": "list",
      "text": "Competitive Advantages: Turnkey JV solution, Robust operating environment, PPA structuring capabilities, Data capture and optimization analysis, Potential for future services.",
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      "kind": "list",
      "text": "Why It Makes Sense: Cipher secures cheapest power, Higher margins for power provider, Further incentive for renewable projects.",
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      "kind": "title",
      "text": "Cipher: Bitcoin Mining Platform for the U.S. Power Industry",
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      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "919dc2aa-87a0-412e-9878-b61504c7ea30",
      "evidence": "The evolving landscape and Cipher Mining's solution are presented in consecutive slides.",
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      "objective": "Highlight the importance of timely execution in the evolving Bitcoin mining landscape.",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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