News with the tag "cipher mining"

Cipher Mining, a major Bitcoin mining company, has received $50 million in funding from SoftBank, a leading investor in the AI project Stargate. According to the press release , this investment could change the Bitcoin mining industry, especially as AI technology starts to connect with cryptocurrenc...

Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion According to Cipher Mining’s (Nasdaq: CIFR) announcement, the new facility, known as the Stingray site, wil...

Cipher Mining, a leading Bitcoin mining company, reported mining 168 BTC in October and selling 248 BTC to increase liquidity, as per its latest operational update on GlobeNewswire. With a robust setup of 77,000 mining rigs and a current holding of 1,428 BTC, Cipher Mining’s operational strategy ref...

This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC) services. Cipher Mining Grows to 2.5 GW Portfolio In ...

Analysts at H.C. Wainright are bullish on Cipher’s investment strategy, projecting upside potential to $6. Cipher Mining Inc. (CIFR) has recently announced an upgrade to its mining fleet in Odessa, leading to an upward revision to its 2024 and 2025…

If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.

Despite significant steps in the acceptance of cryptocurrency and blockchain technology in the world of mainstream finance, investors are still … Continue reading The post Explosive growth uncovered: The blockchain stock that’s quietly outperforming the market appeared first on Finbold .

Marathon Digital, Riot Blockchain, and other public Bitcoin mining companies witnessed positive returns on Monday as Wall Street reached new milestones. The top five largest Bitcoin mining firms by market capitalization saw gains ranging from 2.98% to 6.25% on Monday…

Bitcoin mining stocks have outperformed BTC prices in the last year. Discover why this has happened and explore the top-performing Bitcoin mining stocks in this guide.

The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.