Cipher Mining Company Buys 37K Bitmain Antminers for $99.5M

Cipher Mining Company Buys 37K Bitmain Antminers for $99.5M

Publicly-traded Bitcoin mining company Cipher Mining (CIFR) has recently acquired 37,000 Bitcoin mining devices, expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025. On December 18, the Chinese cryptocurrency mining behemoth Bitmain announced a new agreement with Cipher to purchase 37,396 Antminer T21 miners. According to the announcement, the expected […]