Cipher Digital receives 3.2 GW of conditional ERCOT capacity in Texas
- —1.1 GW Base Load: 100 MW Stingray and 1 GW Colchis
- —2.1 GW Studied Load: Mikeska 500 MW, Apollo 900 MW, Stingray II 200 MW, McLennan 500 MW
- —1.4 GW of PCLR at Mikeska and Apollo available before grid buildout
- —Final classifications will be determined by an audit in December 2026
Why it matters: Cipher is accelerating its shift from mining to AI/HPC infrastructure, expanding its energy portfolio in Texas.
Source: Crypto Briefing
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