NEW YORK, April 04, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for March 2025.
The combined market value of 14 US-listed bitcoin mining firms shrank by 25% in March, wiping out around $5 billion in investor wealth. This marks the third-worst monthly decline for the group since JP Morgan began tracking the sector.
NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for February 2025.
The cryptocurrency market is in a slump after hitting a new all-time high on the date of President Trump's inauguration, Bitcoin fell back below $80,000 early Friday morning. But coins themselves aren't the only ones feeling the heat of this sell-off.
CIFR basically integrates Bitcoin mining with HPC hosting to reduce power costs using grid optimization. They have adopted a relatively aggressive expansion that now targets 2.6 GW capacity by 2027 through new facilities like Mikeska, Milsing, and McLennan. CIFR will eventually grow into a dual revenue model that blends core Bitcoin mining with evolving and more stable HPC data centers as a bet...
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it will provide a business update and release its fourth quarter and full year 2024 financial results before U.S. markets open on Tuesday, February 25, 2025. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time.
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2025.
Cipher Mining Inc. received a $50 million investment from SoftBank, boosting its expansion into high-performance computing (HPC) data centers and increasing its stock by 22%. Despite a -20.97x P/E ratio, CIFR's 63.47% jump in adjusted operating earnings signals rapid transformation, attracting growth investors' attention. The balance sheet shows CIFR's financial prudence with $25 million cash a...
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