{
  "docId": "019de077-742e-7418-b383-4470f83bac45",
  "docSlug": "cbb37e69e529db03aac1f0e7c7c95aa8",
  "documentTitle": "Cipher Mining | Investor Presentation Deck | 26 slides",
  "authorId": "cipher-mining",
  "authorName": "Cipher Mining",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2025-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 5,
  "pageCount": 26,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "traction",
  "function": "show_traction",
  "density": "dense",
  "nDataPoints": 12,
  "notes": "The chart illustrates significant capacity expansion, particularly in 2027 with the addition of Mikeska, Milsing, and McLennan projects.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de077-742e-7418-b383-4470f83bac45/5",
  "deckHref": "/decks/019de077-742e-7418-b383-4470f83bac45",
  "deckJsonHref": "/decks/019de077-742e-7418-b383-4470f83bac45.json",
  "deckAnchorHref": "/decks/019de077-742e-7418-b383-4470f83bac45#slide-5",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.15,
        "x": 0.45,
        "y": 0.25
      },
      "kind": "callout",
      "text": "CAGR: ~100%",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5be26238-9edd-4689-9a4c-e1d269bdc082",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.7,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Stacked bar chart showing capacity growth from Current to 2027",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "764ba467-d84b-4da2-9cfa-cb5f575c7eaf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.05,
        "y": 0.93
      },
      "kind": "disclaimer",
      "text": "(1) Joint venture with WindHQ LLC, of which Cipher owns ~59 MW (2) Reflects total potential capacity of 500 MW per site – pending load studies and ERCOT LFL approval",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0e330bbe-d3e3-4a11-8a88-9b03756ac9ee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.85
      },
      "kind": "legend",
      "text": "Odessa, Alborz, Bear, Chief, Black Pearl, Barber Lake, Stingray, Reveille, Mikeska, Milsing, McLennan",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3cb172f2-8d98-46ac-93c1-33b3f481fbe6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Steady Scaling – Pipeline Capacity",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c237db02-e784-42df-bb26-91febce22e36",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 5,
      "beatId": "771b9da5-15cd-4aaa-adb7-d3aa377f7703",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "What Is",
      "beatSlug": "sparkline-what-is-3",
      "evidence": "The traction slides provide an overview of Cipher Mining's operational highlights.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 9,
      "from": 5,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "cab34c17-ef73-40b5-b464-19e4d72aafff",
      "evidence": "The traction slides emphasize the importance of scaling.",
      "position": 0,
      "objective": "Highlight the benefits of Cipher Mining's steady scaling",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}