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Cipher Mining (CIFR) Revenue & Revenue Breakdown

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Cipher Mining Revenue Highlights

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Main Segment (Y)

Bitcoin Mining

Cipher Mining Revenue by Period

Cipher Mining Revenue by Year

DateRevenueChange
2024-12-31--100.00%
2023-12-31$126.84M4076.56%
2022-12-31$3.04M100.00%
2021-12-31-100.00%
2020-12-31--

Cipher Mining generated - in revenue during NA 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Cipher Mining Revenue by Quarter

DateRevenueChange
2024-09-30--100.00%
2024-06-30$36.81M-23.53%
2024-03-31$48.14M10.87%
2023-12-31$43.42M43.28%
2023-09-30$30.30M-2.95%
2023-06-30$31.22M42.61%
2023-03-31$21.89M620.94%
2022-12-31$3.04M100.00%
2022-09-30-100.00%
2022-06-30-100.00%
2022-03-31-100.00%
2021-12-31-100.00%
2021-09-30-100.00%
2021-06-30-100.00%
2021-03-31-100.00%
2020-12-31-100.00%
2020-09-30-100.00%
2020-07-31--

Cipher Mining generated - in revenue during Q3 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Cipher Mining Revenue Breakdown

Cipher Mining Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Bitcoin Mining$151.27M

Cipher Mining's latest annual revenue breakdown by segment (product or service), as of Dec 24: Bitcoin Mining (100.00%).

Cipher Mining Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CLSKCleanSpark$378.97M$162.31M
BITFBitfarms$149.05M$50.09M
BTBTBit Digital$108.05M$30.29M
HIVEHIVE Blockchain$106.32M$37.07M
HUTHut 8$81.80M$48.18M
IRENIris Energy$75.51M$53.95M
GREEGreenidge Generation$70.39M$12.35M
WULFTeraWulf$69.23M$27.06M
ARBKArgo Blockchain$57.72M$16.83M
CIFRCipher Mining--

CIFR Revenue FAQ

What is Cipher Mining’s yearly revenue?

Cipher Mining's yearly revenue for 2024 was $0, representing a decrease of -100.00% compared to 2023. The company's yearly revenue for 2023 was $126.84M, representing an increase of 4076.56% compared to 2022. CIFR's yearly revenue for 2022 was $3.04M, representing an increase of 100.00% compared to 2021.

What is Cipher Mining’s quarterly revenue?

Cipher Mining's quarterly revenue for Q3 2024 was $0, a -100.00% decrease from the previous quarter (Q2 2024), and a -100.00% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $36.81M, a -23.53% decrease from the previous quarter (Q1 2024), and a 17.88% increase year-over-year (Q2 2023). CIFR's quarterly revenue for Q1 2024 was $48.14M, a 10.87% increase from the previous quarter (Q4 2023), and a 119.85% increase year-over-year (Q1 2023).

What is Cipher Mining’s revenue growth rate?

Cipher Mining's revenue growth rate for the last 3 years (2022-2024) was -100.00%, and for the last 5 years (2020-2024) was 0%.

What are Cipher Mining’s revenue streams?

Cipher Mining's revenue streams in c 24 are Bitcoin Mining

What is Cipher Mining’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Cipher Mining was Bitcoin Mining. This segment made a revenue of $151.27M, representing 100.00% of the company's total revenue.