Cipher Mining Inc.
Cipher Mining Inc., a prominent player in the cryptocurrency mining industry, is headquartered in the United States. Founded in 2021, the company has quickly established itself as a leader in the sector, focusing on the development and operation of large-scale Bitcoin mining facilities across key regions in North America. Specialising in high-performance mining operations, Cipher Mining leverages cutting-edge technology and sustainable energy solutions to optimise efficiency and reduce environmental impact. Their unique approach to mining not only enhances productivity but also positions them favourably in a competitive market. With a commitment to innovation and sustainability, Cipher Mining has achieved significant milestones, including strategic partnerships and expansions that underscore its market position. As the demand for cryptocurrency continues to grow, Cipher Mining Inc. remains at the forefront, driving advancements in the mining landscape.
DitchCarbon Score
How does Cipher Mining Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cipher Mining Inc.'s score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cipher Mining Inc.'s reported carbon emissions
Cipher Mining Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Cipher Mining may still be in the early stages of establishing its climate commitments or may not have publicly disclosed its emissions profile. In the context of the broader industry, many companies are increasingly adopting science-based targets and committing to net-zero emissions. However, without specific initiatives or targets from Cipher Mining, it remains unclear how the company plans to address its carbon footprint or contribute to climate action. As the industry evolves, it will be essential for Cipher Mining to develop and communicate its climate strategy to align with global sustainability efforts.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cipher Mining Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
