Cipher Mining (CIFR) Issues Q2 Business Update
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Cipher Mining Provides Second Quarter 2024 Business Update
August 13, 2024 7:00 AM UTCCurrent hashrate of ~8.7 EH/s on target for ~13.5 EH/s by end of 2024 and ~35.0 EH/s by end of 2025
Acquiring additional 1.7 GW of power capacity suitable for HPC infrastructure or bitcoin mining
Second Quarter 2024 GAAP Net Loss of $15m, and Non-GAAP Adjusted Loss of $3m
NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Cipher Mining... More
