Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
Cipher has an eye on hashrate of 8.2 EH/s by the end of the year. Source
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Cipher
Bitcoin Miner Cipher Looks to Sell Up to $250M in Stock
Bitcoin miners have been struggling this year as the price of bitcoin has dropped by about 60% and energy prices soar across the world. Despite these headwinds, some of them are back on the market to raise capital needed to fund their development. Earlier on Friday, miner Iris Energy (IREN)
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Cipher Mining Lowers Per-Terahash Cost of Mining Rigs Even as Quarterly Loss Widens
The miner expects to deploy 6.9 EH/s by early 2023. Original Source
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Cipher Mining Raises 2022 Hashrate Forecast by 0.5 EH/s
The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT. Original Source
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Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi
The Alborz JV will use the proceeds to purchase S19j Pro mining rigs for its 40 megawatt data center in Texas. Original Source
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Cipher Mining Scraps Plan to Buy Bitfury Rigs, Sticks With Bitmain, MicroBT
The bitcoin miner wants to stay nimble to potentially grab opportunities in a fast market. Source
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Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC) on Monday, Cipher Mining will purchase 28,000 to 56,000 next-generation Bitcoin mining hardware from Bitfury at a cost of $6,250 per rig.At a maximum cost of $6,250 per machine, Cipher’s Bitcoin mining hardware outlay could
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