NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced significant upgrades to its mining fleet for both 2024 and 2025. The Company ...

On Wednesday, Compass Point increased the price target for Cipher Mining (NASDAQ:CIFR) to $9.00, up from the previous $7.50, while maintaining a Buy rating on the stock. The firm's decision comes ...

Cipher Mining (NASDAQ:CIFR), a company engaged in Bitcoin mining that specializes in building and managing large-scale data centers for Bitcoin mining and high-performance computing hosting, witnessed ...

1 Includes May power sales estimates (based on current meter data and nodal prices) equivalent to 8 bitcoin (using month-end bitcoin price of $67,667) In May, while the bitcoin mining industry ...

CEO Tyler Page highlighted key metrics, including the production of 602 Bitcoin in Q1 2025, a 3% increase from 585 Bitcoin in Q4 2024. The wholly-owned Odessa data center mined 524 Bitcoin, generating ...

Page guided that Cipher expects to reach 23.5 exahash per second by the end of Q3, with all new Bitmain rigs delivered and hashing by that time. Management reaffirmed the plan to make Black Pearl ...

In May, while the bitcoin mining industry experienced the first full month of impact from the most recent halving, Cipher continued to deliver positive cash flows while building its bitcoin inventory ...

Management reaffirmed its projection to achieve a self-mining hash rate of 23.1 exahashes per second by Q3 2025. Cipher remains confident in its ability to mitigate tariff impacts on mining rig ...