Cipher Barber Lake data center
Cipher is building an AI/HPC campus near Colorado City that Fluidstack has leased in full, with Google backstopping part of the lease. Also known as: Barber Lake.
Who is behind it
The record, newest first
Cipher's second-quarter update said work was progressing toward completion and the tenant had started partial occupancy and network rack installation. (Cipher Digital (GlobeNewswire, via Stock Titan), Aug. 4, 2026)
In its year-end update, Cipher said Barber Lake construction was on track, with about 95% of long-lead equipment secured. (Cipher Digital, Feb. 24, 2026)
Cipher added 39 MW of critical IT (up to 56 MW gross) to the Fluidstack lease, due by January 2027. Fluidstack would then lease the full 300 MW site, and Google's backstop rose to $1.73 billion. (Cipher Mining Inc. (SEC Form 8-K, Exhibit 99.1), Nov. 20, 2025)
Cipher reported a 10-year lease with Fluidstack for 168 MW of critical IT (up to 244 MW gross) at Barber Lake, due by September 2026, with Google backstopping $1.4 billion of lease obligations. (Cipher Mining Inc. (SEC Form 8-K, Exhibit 99.1), Sept. 25, 2025)
Conflicts and open questions
- Cipher originally acquired the site for bitcoin mining. It is tracked here because company filings now describe it as an AI/HPC data center.
- it_mw is the sum of the two lease tranches (168 + 39 MW critical IT).
- Coordinates are approximate (Colorado City). The county follows from Colorado City being in Mitchell County; no filing names the county.
The full record
- Status note
- Cipher's Q2 2026 update said the facility was still progressing toward completion, with the tenant already partly occupying the building and installing network racks.
- Power note
- Site capacity the tenant has leased in full, per company releases.
- Evidence
- Primary public records
- Size class
- 50 MW or more (tracker scope)