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  "documentTitle": "Cipher Mining | Investor Presentation Deck | 19 slides",
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  "authorName": "Cipher Mining",
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  "notes": "The slide uses a central hub-and-spoke style layout to contrast 'Scale' and 'Low Cost' pillars.",
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      "text": "7.5 EH/s expected capacity deployment by early 2023",
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      "text": "$45.01 average price per TH/s, with 32.1 J/TH average efficiency",
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      "text": "$450k anticipated infrastructure capex / MW for current sites",
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      "text": "4 sites currently in development, with 275 MW available for self-mining by YE 2022",
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      "text": "Source: Cipher Mining management. (1) Includes Bitmain and MicroBT contracts... (2) Represents expected weighted average power price... (3) Preliminary estimate of non-miner infrastructure capex...",
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      "text": "Cipher Mining: A Large-Scale U.S. Bitcoin Miner",
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