Cipher Mining - Bitcoin Rally Leads to Significant Gains!
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Business Driver: Cipher Mining (CIPH) specializes in Bitcoin mining, benefiting from long-term power supply contracts in the US state of Texas that guarantee an electricity price of just 2.07 cents per kilowatt-hour, providing a significant competitive advantage over its rivals. Currently, the company is expanding its data center capacity further, with a pipeline of data center projects totaling 2.6 GW in addition to the existing two data centers "Odessa" and "Black Pearl." Furthermore, Cipher Mining is also active in other segments such as High...
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