Cipher Mining Inc. Annual Depreciation in USD from 2021 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Cipher Mining Inc. quarterly/annual Depreciation history and growth rate from 2021 to 2023.
  • Cipher Mining Inc. Depreciation for the quarter ending September 30, 2024 was $28.5M, a 75.9% increase year-over-year.
  • Cipher Mining Inc. Depreciation for the twelve months ending September 30, 2024 was $70.8M, a 88.7% increase year-over-year.
  • Cipher Mining Inc. annual Depreciation for 2023 was $59M, a 1247% increase from 2022.
  • Cipher Mining Inc. annual Depreciation for 2022 was $4.38M.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $59M +$54.6M +1247% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-05
2022 $4.38M +$4.37M Jan 1, 2022 Dec 31, 2022 10-K 2024-03-05
2021 $5K* Feb 1, 2021 Dec 31, 2021 10-K 2023-03-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.