Data center campus
Black Pearl
Black Pearl is a tracked AI data center campus in Texas, Wink. Cipher Digital's wholly-owned 300 gross MW facility on ~75 acres in Winkler County near Wink, retrofitting from bitcoin mining (live since June 2025) to turnkey HPC under a 15-year AWS lease signed October 2025. 300 MW E
Partially energized · Cipher Digital Inc. · Private land · ERCOT · Wink, Texas, United States
Capacity: announced vs energized
| Source | ||||
|---|---|---|---|---|
| Contracted | 0.30 GW | 2025-12-31 | verified | sec filing |
Key facts
Lifecycle
Energized
Cipher Digital Inc.
Developer
Location
Grid
Land
Reported facts
Structured facts sourced from citations already on this record. Each fact traces to a source in the References section below.
- Capacity (lease)
- About 300 MW gross under a 15-year lease with AWS
- Location
- About 75 acres near Wink, Winkler County, Texas
- Interconnection
- 300 MW approved; ERCOT market agreements in place
- Prior use
- Bitcoin mining Jun 2025 to Feb 2026, peaking at 150 MW
- Developer entities
- Cipher Black Pearl LLC; notes issuer Black Pearl Compute LLC
- Project notes (Feb 2026)
- $2.0B 6.125% senior secured notes due 2031, closed Feb 11 2026
- First capacity (company-claimed, Aug 2026)
- Delivery began early Aug 2026, two months early; rent commenced
- Build status (company-claimed, Aug 2026)
- Remaining Phase I halls in fit-out; Phase II foundations and steel underway
On the data center map
Every tracked data center is on this map, centered on Black Pearl. Pan or zoom out to see how close rivals are building.
Approximate pin. We hold a city-level coordinate for this campus, not a verified site coordinate, so the marker shows the city rather than the parcel. The satellite strip and building outlines stay off until the site coordinate is sourced.
In clusterTexas(611)
The deal
- operator
- Cipher Digital Inc. · via subsidiary Cipher Black Pearl LLC (ticker CIFR)
- offtaker
- Amazon · 15-year lease signed Oct 2025; part of broader ~$5.5B AWS relationship
Power
- Power source
- grid
- Grid operator
- ERCOT
- Interconnection
Black Pearl ERCOT interconnection, 0.30 GW grid interconnect, Energized. 300 MW interconnection approved; grid-powered
The Texas (ERCOT) grid demand right now: 50.6 GW (EIA-930, 2026-11-07 05:00).
County water status: Abnormally dry (D0) in Winkler County, week of 2026-11-03 (US Drought Monitor). Data centers are large water users for cooling; this is the neutral local water picture.
Why here
Black Pearl sits on private land in Texas, Wink. It connects to the ERCOT grid, draws on grid power. This siting summary is composed from the record's held fields, not speculation; see methodology.
Regulatory paper trail
The filings and rules on record for this site and its jurisdiction, most recent first. Each is a sourced, dated artifact you can follow to the primary document.
Timeline
- Aug 2026party addedofftaker: Amazon Web Services, Inc.
- Nov 2026Current: Partially energized
Sources
- Cipher Digital Inc. Form 10-K FY2025
- Cipher Mining Business Update / AWS 15-year lease 8-K
- Cipher Mining plans $2bn senior secured notes for Amazon-leased Black Pearl
- Cipher Mining Inc. Announces Pricing of $2.0 Billion of Senior Secured Notes · Cipher Mining (SEC Form 8-K Ex. 99.1)
- Form 8-K: Black Pearl Compute senior secured notes closing · Cipher Mining (SEC Form 8-K)
- Cipher Bond Tied to AWS Data Centers Gets $13 Billion of Orders · Bloomberg
- Cipher Digital Provides Second Quarter 2026 Business Update · Cipher Digital (SEC Form 8-K Ex. 99.1)
- $CIFR Black Pearl bond thread · X / @xFuturium
a18cf961-c566-488b-8296-b839877c163f · Tracked with DEPLOY's verified-vs-claimed methodology. Every term is defined in the glossary. Announced numbers are claims, not built capacity.
Head-to-head
Common questions
What is Black Pearl?
Who is building Black Pearl?
Is Black Pearl operating yet?
How verified is the data on Black Pearl?
Deploy Watch
Track Black Pearl on Deploy.
We notify you when energized capacity, lifecycle state, or a new dated capacity claim changes against primary-source evidence, not when the developer issues a press release.
Cite this page
DEPLOY. (2026). Black Pearl: AI data center campus record. Retrieved November 11, 2026, from https://registry.deploy.report/datacenters/cipher-black-pearl-wink-texas
More citation formats (MLA, Chicago, BibTeX) →The verified data on this page is available under a Creative Commons Attribution 4.0 license: reuse the facts freely, with attribution to DEPLOY (deploy.report). The prose, design, and any imagery are not included and keep their own rights.
Machine-readable surfaces
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- JSON-LD: embedded in this page’s head
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- Data documentation: /data
- Query this programmatically: Deploy MCP