Cipher Digital logo

Cipher Digital

Cipher develops and operates of industrial-scale data centers engineered for next-generation compute.

74 employees · est. 2020 · United States

VS
Codex Energy logo

Codex Energy

Codex Energy designs, builds and operates high-performance computing (HPC) datacenters powered by stranded energy.

4 employees · est. 2021 · Austin, United States

Cipher Digital is the older company (2020 vs 2021); Cipher Digital is the larger of the two.

Side-by-Side Comparison

Cipher Digital Codex Energy
Founded
2020 older 2021
Headquarters
United States Austin, United States
Employees
74 larger 4
Industry
Blockchain, Crypto AI, Automation, Blockchain
Funding Stage
Post Ipo Equity Pre Seed
Total Funding
Not tracked yet Not tracked yet
Funding Rounds
Not tracked yet 1
Services
Data Center Development, Facility Operations, Infrastructure Partnering, Energy Capacity Management Building Datacenters, Developing Computing Systems, Energy Solutions for Datacenters
Target Customers
Hyperscalers, AI Companies, Cloud Service Providers Large Enterprises, Tech Companies, IT Infrastructure Providers
Taxonomy
Industrial-scale Data Centers, Next-generation Compute, Bitcoin Mining, HPC Infrastructure, Data Center Construction, Hosting Partner, Critical Infrastructure, Technology Innovation, Safety, Power Purchase Arrangements, Management Team Expertise, Market Leadership HPC Datacenters, Stranded Energy, Natural Gas Utilization, Bitcoin Mining, Energy-Intensive Computing, Sustainable Energy Solutions, Oil Well Energy Conversion, Data Center Operations, Energy Efficiency, Renewable Resources, Carbon Footprint Reduction, Technological Innovation
Website
ciphermining.com codexenergy.com
Cipher Digital logo

About Cipher Digital

Cipher Digital, founded in 2020, operates from its headquarters in the United States. The company is carving a niche in the Blockchain and Crypto industries through its unique focus on developing and operating industrial-scale data centers. These centers are finely tuned for next-generation computin...

Codex Energy logo

About Codex Energy

Codex Energy, founded in 2021, presents a compelling investment opportunity in the intersection of the energy and tech sectors. Operating within industries such as AI, Automation, Blockchain, Crypto, Data Analytics, Energy, Oil and Gas, and Machine Learning, the company leverages stranded energy—spe...

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Funding, hiring, leadership and stack changes at Cipher Digital and Codex Energy — by email.

Frequently Asked Questions

Cipher Digital — Cipher develops and operates of industrial-scale data centers engineered for next-generation compute.. Codex Energy — Codex Energy designs, builds and operates high-performance computing (HPC) datacenters powered by stranded energy.. Both companies operate in related markets but may differ in funding stage, team size, and product focus.
Cipher Digital and Codex Energy operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Compiled from the BounceWatch company index. We last looked at Cipher Digital on 3 Apr 2026, and Codex Energy on 2 Jul 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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