SX-07-A-0001COMPANY DISCLOSURE
Cipher Digital
Black Pearl Facility -- 300 MW -- Wink, Texas -- bitcoin mining through February 2026; phased delivery to an HPC tenant commenced August 2026
SOURCE DATE · PUBLISHED BY SERAPHIX
DOSSIER PILOT 01 // PUBLIC RECORD ONLY
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Current coverage
OBSERVED · LAST GOOD CHECK
- Companies · 12
- Applied Digital, Cipher Digital, Constellation Energy, Core Scientific, CoreWeave, Digital Realty, Equinix, IREN, NRG, Oracle, Vertiv, Vistra (dossiers: 1 full · 11 stub)
- States · 3
- Georgia, Texas, Virginia
- Reviewed records · 105
- Sites 93 · Power 9 · Policy 3
Two current records
SX-09-TX-0002ENACTED
Texas
SB 6 (89th Legislature) -- large-load interconnection standards; demand threshold of 75 MW in the ERCOT region
SOURCE DATE · PUBLISHED BY SERAPHIX
EXHIBIT SX 06-A // STATE RECORD GRID // 0° · 45° · 90°
States on record
OBSERVED · LAST GOOD CHECK
- 0° monitored
- 45° stated
- 90° enacted · primary attached
- Dotted: NOT MONITORED, never zero
INDEX SX 07 // COMPANIES
Companies
HOSTSTUB
Applied Digital
CIK 0001144879
HOSTFULL
Cipher Digital
CIK 0001819989
POWERSTUB
Constellation Energy
CIK 0001868275
HOSTSTUB
Core Scientific
CIK 0001839341
HOSTSTUB
CoreWeave
CIK 0001769628
LANDLORDSTUB
Digital Realty
CIK 0001297996
LANDLORDSTUB
Equinix
CIK 0001101239
HOSTSTUB
IREN
CIK 0001878848
POWERSTUB
NRG
CIK 0001013871
CLOUDSTUB
Oracle
CIK 0001341439
EQUIPMENTSTUB
Vertiv
CIK 0001674101
POWERSTUB
Vistra
CIK 0001692819
LATEST RECORDS // PASSED REVIEW
Latest gated records
OBSERVED · LAST GOOD CHECK
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREBlack Pearl Facility -- 300 MW -- Wink, Texas -- bitcoin mining through February 2026; phased delivery to an HPC tenant commenced August 2026
Verbatim quote and source
The Company has a 300 MW data center in Wink, Texas that draws power from the power grid (the “Black Pearl Facility”) that was used for bitcoin mining through February 2026, and in August 2026 commenced phased delivery to an HPC tenant.
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0001”, v1, https://seraphixsystems.com/r/SX-07-A-0001, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREBarber Lake Facility -- 300 MW -- for Fluidstack USA II Inc. -- company expects phased commencement in Q4 2026
Verbatim quote and source
the 300 MW Barber Lake Facility for Fluidstack USA II Inc. (“Fluidstack”), expecting phased commencement in the fourth quarter of 2026
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0002”, v1, https://seraphixsystems.com/r/SX-07-A-0002, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREStingray Facility -- 100 MW -- company expects commencement in 2027
Verbatim quote and source
the 100 MW Stingray data center (the “Stingray Facility”) expecting commencement in 2027
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0003”, v1, https://seraphixsystems.com/r/SX-07-A-0003, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREOdessa Facility -- 207 MW -- Odessa, Texas -- wholly owned bitcoin mining data center
Verbatim quote and source
The Company also operates one wholly owned bitcoin mining data center, a 207 MW site located in Odessa, Texas that draws fixed priced power from a power purchase agreement with its electricity provider (the “Odessa Facility”).
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0004”, v1, https://seraphixsystems.com/r/SX-07-A-0004, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSURESeven additional sites expected to be built out for HPC
Verbatim quote and source
The Company’s portfolio as of September 30, 2026 also consists of seven additional sites expected to be built out for HPC.
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0005”, v1, https://seraphixsystems.com/r/SX-07-A-0005, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREColchis Site -- Texas -- development (potential 1 GW site)
Verbatim quote and source
the Company purchased 53% of the equity in Colchis LLC ("Colchis"), a joint venture of a potential 1 GW site in Texas, the "Colchis Site
10-Q Note 7. INVESTMENTS IN JOINT VENTURES (normalized-text offset 95222) · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0064”, v1, https://seraphixsystems.com/r/SX-07-A-0064, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSURE1 additional HPC data center facility under a March 2026 hyperscaler lease at one of the Company's existing sites in Texas; phased delivery expected to begin in 2027 (10-Q Note 12, filed 2026-11-02)
Verbatim quote and source
In March 2026, the Company, through a wholly owned subsidiary, entered into a data center lease agreement with an investment grade hyperscaler tenant for the development, construction and lease of an additional HPC data center facility at one of the Company's existing sites in Texas. The initial term of the lease is 15 years, with multiple extension options at the tenant's election. The Company is responsible for construction of the facility, with phased delivery expected to begin in 2027.
10-Q Note 12. LEASES (normalized-text offset 102871) · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0489”, v1, https://seraphixsystems.com/r/SX-07-A-0489, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREReveille Facility -- LaSalle, Texas -- land lease (up to 52 acres) assumed October 2024 for the purpose of constructing a data center
Verbatim quote and source
The Company, through its wholly owned subsidiary, Cipher Reveille LLC, assumed a lease for up to 52 acres of land in LaSalle, Texas, in October 2024 for the purpose of constructing a data center, and ancillary infrastructure.
10-Q Note 12. LEASES (normalized-text offset 107606) · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0490”, v1, https://seraphixsystems.com/r/SX-07-A-0490, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSURECurrently developing 700 MW of HPC data center facilities across three sites for hyperscaler tenants (10-Q MD&A, filed 2026-11-02)
Verbatim quote and source
We are currently developing 700 MW of HPC data center facilities across three sites for hyperscaler tenants
10-Q Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations (normalized-text offset 171482) · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0491”, v1, https://seraphixsystems.com/r/SX-07-A-0491, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREGrid pipeline of approximately 3.4 GW across six sites in Texas and one additional site in Ohio (10-Q MD&A, filed 2026-11-02)
Verbatim quote and source
We also maintain a grid pipeline of approximately 3.4 GW across six sites in Texas and one additional site in Ohio.
10-Q Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations (normalized-text offset 171693) · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0492”, v1, https://seraphixsystems.com/r/SX-07-A-0492, retrieved . · JSON
Coverage
OBSERVED · LAST GOOD CHECK
| Source | Coverage | Last good check |
|---|---|---|
| SEC EDGAR · filings | OBSERVED Filings for every pilot entity | |
| EIA-930 · hourly grid demand | OBSERVED ERCO, PJM, SOCO balancing areas | |
| Statutes, codes + executive actions | OBSERVED · MANUAL Primary text for ENACTED records in pilot states | |
| Press · secondary | OBSERVED · MANUAL Named outlets only; replaced when a primary is attached | |
| State utility commission dockets | NOT MONITORED PUCT, Georgia PSC, Virginia SCC | Not stated in source |
| Large-load interconnection queues | NOT MONITORED ERCOT, PJM, Georgia Power | Not stated in source |
| Environmental + local permits | NOT MONITORED TCEQ, Georgia EPD, Virginia DEQ, local land use | Not stated in source |
| State + county incentive agreements | NOT MONITORED Comptroller, revenue departments, county abatements | Not stated in source |