Cipher Mining Announces a $5.5 Billion Lease Agreement with AWS. The Stock Could Break out

The stock of Cipher Mining (CIFR) is once again on the verge of a breakout. The business model is based on the development and operation of industrial data centers, primarily for Bitcoin mining and increasingly for high-performance computing (HPC) applications. Data centers with high electrical capacity are operated and expanded in Texas. The company utilizes self-developed technologies to maximize the efficiency of mining activities by optimizing electricity costs through energy consumption management. Revenue is primarily generated from Bitcoin...